HOW TO DO YOUR RISK MANAGEMENT Education

Gold/U.S. DollarFXCM

Description

⋅ Oct 25, 2017 10:34 PM

Is this trade still good to entre long now.

You only need to meet one condition :

you can accept the loss of the orange part.

Meaning if stop loss hit, the amount of loss from the part
is under certain percentage of your account that you can
accept or afford.

To do that, you will have a calculated lots size.
This is one of the way to do risk management,
WHICH HAS THE SAME PLACE AS SETTING UP A TRADE,
is part of a trading strategy.

Less is more!

Comment

⋅ Oct 27, 2017 3:29 AM

still under the pruple trend line.

Comments

QIChen91

⋅ Oct 26, 2017 12:30 AM

thanks

FUNTRADER-Vera

⋅ Oct 26, 2017 9:29 AM

@QIChen91,thank you for your comments.

huangxinxin2007

⋅ Oct 26, 2017 12:21 AM

thanks for the analysis!

FUNTRADER-Vera

⋅ Oct 26, 2017 9:29 AM

@huangxinxin2007, thank you for your comments.

batace

⋅ Oct 25, 2017 11:31 PM

This idea is really good... good idea... thx

FUNTRADER-Vera

⋅ Oct 26, 2017 9:29 AM

@batace, thank you for your comments.

nugs

⋅ Oct 25, 2017 11:30 PM

interesting idea on XAUUSD... let's see if it works. I hope it does..!

FUNTRADER-Vera

⋅ Oct 26, 2017 9:29 AM

@nugs, thank you for your comments.