In an interesting session as part of the highly popular MarketShala series conducted by Elearnmarkets, Mr. Vivek Bajaj, Co-founder Elearnmarkets, and Mr. Chetan Panchamia a prolific intraday trader and trainer with many years of experience came together to decode How to effectively do money management for trading.

When trading in the stock market traders face the problem of how to manage their money or when to book losses.

So let us discuss what money management is and how to effectively manage your trades.