Course description

Undergraduate - Senior (39 Lessons)

What will i learn?

• What Is Risk Management?
• How Much Trading Capital Do You Need For Forex Trading?
• Drawdown and Maximum Drawdown Explained
• Never Risk More Than 2% Per Trade
• Reward-to-Risk Ratio
• Study Your Losses to Realize Gains
• Summary: Risk Management
• The Number 1 Cause of Death of Forex Traders
• Ignoring Leverage: Why Most New Forex Traders Fail
• Leverage and Margin Explained
• Margin Call Explained
• Be Careful Trading On Margin
• See How Leverage Can Quickly Wipe Out Your Account
• Low Leverage Allows New Forex Traders To Survive
• How Leverage Affects Transaction Costs
• Never Underestimate Leverage
• Position Sizing
• Calculating Position Sizes
• How to Calculate Your Position Size in Different Forex Pairs and Account Currencies
• Summary: Position Sizing
• What is a Stop Loss?
• How To Set A Stop Loss Based On A Percentage Of Your Account
• How To Set A Stop Loss Based On Support And Resistance From Charts
• How To Set A Stop Loss Based On Price Volatility
• How To Set A Stop Loss Based On A Time Limit
• 4 Big Mistakes Traders Make When Setting Stops
• 3 Rules To Follow When Using Stop Loss Orders
• Summary: Setting Stops
• Scaling In and Out
• Scaling In And Out Of Positions
• How To Scale Out Of Positions
• How To Scale In Positions
• How To Add To Winning Positions
• Summary: Scaling In and Out Trades
• Currency Correlations
• Currency Correlation Explained
• How To Read Currency Correlation Tables
• Are You Doubling Your Risk Without Knowing It?
• 5 Reasons Why Factoring In Currency Correlations Help You Trade Better
• Be Careful! Currency Correlations Change!
• Summary: Currency Correlations