One of the biggest mistakes a trader can make is to neglect the aspect of risk management. In this video, I divulge the most pivotal lesson I’ve gleaned from my experience in trading. During the initial years of my trading journey, I disregarded the importance of risk management, which proved to be detrimental in a significant way. The watershed moment of my...
Hi Traders, Investors and Speculators of Charts📈📉
Considering all the festive holidays coming up, I've decided to make an educational post that will require some "work" from you, call it holiday homework to improve your trading😉
Being a profitable trader is near impossible if you don't have a plan. Most traders fail because they jump in and out of untimed, high...
Trading forex? Stop gambling with your capital! This video exposes the massive mistake new traders make - using inconsistent lot sizes. It's a recipe for disaster, blowing accounts and crushing dreams.
But there's good news. Discover the secret weapon of successful traders: consistent lot sizing.
In this actionable video, you'll learn:
Why fluctuating lot sizes...
Hello guys, in this video, I reveal the secret strategy I use for trading which helps me not to blow any account in forex trading.
If you enjoy this video, give it a boost, drop a comment and follow me here on tradingview.
Using R multiples is one of the most widely used strategies by professional traders for managing risk and tracking results. The R multiple concept is extremely easy to use and implement into your own strategy. With this simple idea, money management will become a breeze! If you have any questions or comments I would love to hear them!
Risk management in forex, or any other trading, shouldn't be complex, rather it should be simple enough even for a kid to follow.
Our Risk Management approach comes down to 3 basic points,
1. Structured position sizing ( manage your exposure! )
2. A definite exit area ( always have a stop loss! )
3. Follow point 1 & 2 like a religion!
Hope this helps and good luck!
