This lecture covers two pages of your textbook Infographical Forex.


Lecture:


Summary of the lecture:

  • Your goal initially should be to stay in the game.
  • You can stay in the game with proper risk management.
  • Keep you initial accounts small.
  • Accept that there will be losses.
  • Risk to reward ratio is more important that profit to loss ratio.
  • Leverage – start with 50:1
  • Position size – 2% risk max for beginners

Resources:

Finance-Fantasy Risk Management Tools


The infographics used in this lecture:


The next lecture is on:  Stop Loss

Categories: Lecture

Leave a Reply

Your email address will not be published. Required fields are marked *