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Risk Management & Position Sizing in Forex Trading (COMPLETE Guide)
In this video, you will learn about how to apply risk management to trading forex and how to choose the correct lot size when you are trading using a position size calculator!
Risk management in forex is the most important part of being a professional day trader. To become a successful and profitable forex trader, you must trade with proper risk management! Here's the ULTIMATE Guide to using Risk Management to become a PRO TRADER!
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Timestamps (DO NOT skip around and take shortcuts, if not you will pay the price to the markets):
0:00 Why Risk Management is IMPORTANT when Trading
0:37 1. Risk Capital (How much money to trade with?)
5:49 2. Risk per Trade (How much % to risk on each trade?)
8:48 3. Position Sizing (What lot size to use?)
13:35 4. Risk to Reward Ratio (SECRET to profitability)
18:00 5. Maximum Exposure (drawdown)
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#TheTradingGeek #ForexTrading #RiskManagement