ilmscore | Forex Trading - Risk Management Predictions
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Forex Trading - Risk Management

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Recent Predictions

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Unrated: 0
Prediction
Author
Predicted at
Status
Video
The speaker plans to create a future video on risk management, requesting viewer interest via comments.
"And you'll be able to base a money management and a riskmanagement plan around that. Now, I plan to ..."
The Trading Channel (The Trading Channel) The Trading Cha...
Jan 12, 2016
Pending
Forex trading - 417...
Accurate risk management in Forex trading relies on thorough backtesting of all strategies. This involves testing a sufficient number of trades (speaker prefers 200), recording outcomes, and analyzing potential drawdowns and losing streaks to determine appropriate risk per trade, especially on a specific account size like $10,000.
"If you do all this testing and you test every strategy you plan to put in your trade plan, put it in..."
The Trading Channel (The Trading Channel) The Trading Cha...
Jan 12, 2016
Pending
Forex trading - 417...
Post-testing, traders can determine maximum losses, average drawdowns, and maximum drawdowns, which form the basis for money and risk management plans.
"So once you've tested it, you'll know the max number of losses. You'll know what your average draw d..."
The Trading Channel (The Trading Channel) The Trading Cha...
Jan 12, 2016
Pending
Forex trading - 417...