"Trading requires the Patience of a Saint & the Discipline of a Soldier."
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Fri, 01 Jul
|Free Registration | GoToMeeting
Money Management Part 2 - Position Sizing
What % of available capital should a trader risk on each trade? This is a crucial factor in the success & failure of trading, specially in the forex market where high leverage is freely available. Learn to properly apply the 2 Golden Rules of Money Management to your trading
Time & Location
01-Jul-2022, 1:30 pm – 2:30 pm GMT+1
Free Registration | GoToMeeting
About the Event
Continuing with the importance of Risk Management & “The 2 Golden Rules of Money Management”
In the previous webinar, we discussed the 1st Golden Rule of Money Management – the Risk-to-Reward ratio & it's importance vis-à-vis the “Win / Loss Ratio”.
In this webinar, we will go over the 2nd Golden Rule – Position Sizing.
As they say, figures don’t lie. We will use simple mathematical formulas to decipher the use of correct leverage & its relation to usable margin.
This will help us follow the second Golden Rule, of risking the proper amount of capital on every trade.
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