This course is about money management and how different aspects of financial markets help to control the risk. You will be able to learn from basics to advance that how managing money with mathematics can be profitable in long run.
Background in Trading
You must have general understanding of trading or executing orders.
I'll cover theory with hands on practice approach and will also provide additional document that will help you to automate calculations. We will also cover Live charts analysis for examples.
Course Structure and Timing and Why this course
It will take you approximately 30 minutes to go through the theory and i'll highly recommend to executive them on Demo prior to Real Account. If you already have experience in financial markets, you can easily add it to your trading tool and enjoy the strategy with great profits. Money management is so pivotal that it will define your success in trading business. Keep practicing and you will enjoy the course.
We will cover the following topics in this course.
We will define Pip and with help of examples we will understand how to calculate it.
In this lecture we will understand following;
How to define Risk.
What is recommended market exposure per trade
How to calculate Risk based upon Money Management Strategy
What is stop loss
How to calculate stop loss
How to combine pip value, risking pips and equity to calculate Lot Size
Hands on practice for short trade. How to calculate everything from a-z.
Hands on practice for Long trade. How to calculate everything from a-z.
A Student, Professional Trader and Entrepreneur.
Expertise in recognising market structure and identification of price patterns for potential reversal point. An active trader and live forecaster at various recognise trading forums.
Carrying a mission to make it easier for people to have financial freedom by sharing passive income strategies that generates residual income with an entrepreneurial mindset.
Learn Together - Grow Together - Succeed Together