For
Forex Trading Risk Management
Topic
N/A
Accuracy
Recent Predictions
Incorrect: 0
Pending: 10
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Traders experiencing significant discomfort (sweaty palms, panic) during trades due to potential losses indicates they are risking too much capital per trade. Risk should be reduced until the trader is comfortable with the potential loss on any given trade.
"if you jump in a trade and you're no one likes losing money Let me start with that not even me I hat..."
Aug 8, 2020
Pending
Understanding the value of a pip is crucial for determining the amount of risk taken on each trade.
"the reason we want to understand the value of the pip is because we want to understand how much we'r..."
Apr 2, 2020
Pending
The speaker utilizes a risk management strategy of risking between 1-2% of their account value per trade, and uses platforms like TradingView that allow for setting risk percentage to determine trade size.
"the certain risk for me is between 1 and 2% so for me the easy way that I do this is I go here to tr..."
Apr 2, 2020
Pending
To risk $10 (2% of a $1000 account), a trader needs to determine the number of pips they are willing to lose on a trade.
"if I want to risk ten dollars let's say I want to risk two percent of this which is ten dollars on a..."
Apr 2, 2020
Pending
A formula is presented for calculating risk per pip: Risk amount ($10) divided by Stop loss in pips (100 pips) equals risk per pip ($0.10).
"the equation is the amount of dollars you want to risk which is ten dollars and this ten dollars has..."
Apr 2, 2020
Pending
Combining risk management with leverage is presented as the only correct way to use leverage in forex trading.
"as long as you have this risk management in place so that's how you combine risk management with lev..."
Apr 2, 2020
Pending
Understanding pip value is essential for risk management, allowing traders to determine their risk per trade and potential losses.
"the reason is because of risk management you want to understand that so that you can know how much o..."
Apr 2, 2020
Pending
The speaker's method for calculating pip value differs due to their brokerage and platform allowing for random unit sizes.
"the way I use risk management and calculate the value per pip is a lot different than what I just sh..."
Apr 2, 2020
Pending
The speaker outlines a trade setup: buying NZD/USD with a stop-loss 100 pips away and a 2:1 risk-reward ratio for the target.
"I want to place a trade let's say I wanted to buy the Europe the New Zealand dollar right now which ..."
Apr 2, 2020
Pending
The speaker risks 1-2% of their account per trade, using TradingView to automatically calculate the position size based on the percentage risk.
"the certain risk for me is between 1 and 2% so for me the easy way that I do this is I go here to tr..."
Apr 2, 2020
Pending