Forex - Millionaire Money Management Strategy
- 1x (Normal)
What is pip ?2:29
How to calculate pip value6:40
How to define Risk0:40
How to identify StopLoss and calculate pips2:17
How to calculate LotSize2:24
Short Trade example and hands on practice3:40
Long Trade example and hands on practice3:18
Millionaire Money Management Part 11:26
Millionaire Money Management Part 21:21
Compounding and Final Note1:12
About This Class
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.
I am a student ! a Professional Trader and Lead Technical Analyst at BaraqFX community.
Expertise in recognizing market structure and identification of price patterns for potential reversal point. An active trader and live forecaster at various recognize trading forums.
Carrying a mission to make it easier for people to have financial freedom by teaching them how to use Forex to build long-term portfolio and passive income strategies with an entrepreneurial mindset.
Learn Together - Grow Together - Succeed Together