When you hear of someone making a huge killing in the forex market on relatively small trading account, more likely then not it was a fluke: The trader was not using sound money management techniques. The forex trader probably exposed abnormally large trade size. Money management in forex trading business involves specialized techniques combined with your own judgment.
Download: "Fine Tuning Your Money Management System"

There are some common mistakes I’ve seen forex traders make in the area of money management. First, let’s understand what money management is all about. Money management overlaps with risk, trade, business, and personal management, yet it has many aspects that make it unique, distinctly different from all of the other areas of management.
Download: "Joe Ross Money Management"