What you'll learn

Money Management - fixed percentage method
Money Management - fixed money method
Leverage in Forex Trading
Professional Traders and Leverage
Calculating and managing risks when trading Forex
Select a Forex Broker for your account
Be able to read the calendar of economic events

Requirements

Just an open mind
PC with Internet

Description

Money Management is key to profitable trading in Forex.

Special for this course I have open Live Trading account. Starting deposing was only 100 euro. At this time if I will close all positions my balance will be 1200 euro. As you can see it is possible to start trading on Forex even if your deposit is to small.

My experience in Forex trading: 10+ years. I have tested many strategies, schemes... And what I have learned:

Even the best strategy in the world won’t be of much help if you don’t take care about:

Your risk per trade

Reward-to-risk ratios

Don’t use stop-loss orders

Trade too aggressively.

So in this course I will explain Money Management That Actually Works in Forex!

If you are losing money on Forex and continue to search profitable strategy then STOP! And ask your self just one question:

How brokers are making money? They do not care if you close order in profit or if you will lose - they will be always in profit because they take commission from every order you and others traders open.

So for me this words was a key to create profitable strategy. It works simple and can be used in long term trading or if you are intraday trader you can use that as well.

Course can be dividend on 2 parts: First I provide theory information by using slides, explain how everything works here. And second part I demonstrate my trading activity in real time.
Who this course is for:

People who wants to get into Forex Trading
Anyone who is looking for PROOF that Forex Trading can actually earn you money
People who wants to brush up on their Forex knowledge and fill in the missing gaps