Forex Trading - Risk Management with 2 Position Strategy
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 295 MB | Duration: 56m
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 295 MB | Duration: 56m
Hello Traders! Welcome to my second class on SkillShare. In this class, we are going to learn about Money Management, an extremely part of Forex trading.
Good money management will make you a profitable trader, bad money management will you make a loser trader. The goal of technical analysis is to find a perfect place to make trade entry, but when you want to realize this trade or when you want to convert your analysis into money you will have to have good money management. In this class, we will say what risk management is, how much money you should risk per trade, how to calculate position size, where to place stop loss and take profit, we will talk about risk/reward ratio, and I will show you my two-position Money Management Strategy.