Protect Your Capital –Don't go broke with good Money Management
Trade safer and more stable with a sensible money management. This is the key to success.
Created by Tradimo.
About this course
Money management is the most important skill every trader needs to learn. When trading the markets, there are only a few number of things you, as a trader, have full control over. One of these is the amount you risk on your trades. Learning why it is important to control risk is and implementing rigourous capital protection rules is the first step towards trading success.
But the purpose of money management is not only to protect your trading account, but also to help you maximze your potential gain by learning how to calculate optimal trade size and mastering advanced psoition management techniques.
In this course, you will learn:
- why it is important to control your risk and what a stop loss order is
- how much money you need to start trading online
- what are the costs of trading online
- how does leverage work in forex trading
- how to set stop loss and take profit orders
- how to scale in and out of trades to minimize losses and maximze profits
Course Cost
Related Courses
Trading Advice To Improve Your Long Term Profitability
This is a course about tweaking certain aspects of your trading to become more profitable inmediately without changing anything about your system.
Trend Following Course
In this course, you will learn 5 secrets of Trend Following that makes it profitable over the last 200 years.
