In this course, you’ll learn:
✓Understanding the concept of risk management
✓Reward-to-Risk Ratio
✓Cause of Forex Traders Fail
✓Understanding the concept of Margin Call and Leverage
✓Understanding the importance of Position Sizing
✓Calculate Position Sizes
Curriculum
- 6 Sections
- 39 Lessons
- 1 Hour
Expand all sectionsCollapse all sections
- Risk Management7
- The Number 1 Cause of Death of Forex Traders8
- 2.1Ignoring Leverage: Why Most New Forex Traders Fail
- 2.2Leverage and Margin Explained
- 2.3Margin Call Explained
- 2.4Be Careful Trading On Margin
- 2.5See How Leverage Can Quickly Wipe Out Your Account
- 2.6Low Leverage Allows New Forex Traders To Survive
- 2.7How Leverage Affects Transaction Costs
- 2.8Never Underestimate Leverage
- Position Sizing4
- Setting Stop Losses8
- 4.1What is a Stop Loss?
- 4.2How To Set A Stop Loss Based On A Percentage Of Your Account
- 4.3How To Set A Stop Loss Based On Support And Resistance From Charts
- 4.4How To Set A Stop Loss Based On Price Volatility
- 4.5How To Set A Stop Loss Based On A Time Limit
- 4.64 Big Mistakes Traders Make When Setting Stops
- 4.73 Rules To Follow When Using Stop Loss Orders
- 4.8Summary: Setting Stops
- Scaling In and Out5
- Currency Correlations7
- 6.1Currency Correlation Explained
- 6.2How To Read Currency Correlation Tables
- 6.3Are You Doubling Your Risk Without Knowing It?
- 6.45 Reasons Why Factoring In Currency Correlations Help You Trade Better
- 6.5Be Careful! Currency Correlations Change!
- 6.6How To Calculate Currency Correlations With Excel
- 6.7Summary: Currency Correlations
