in Categories / Forex

Money Management

by Instructor
Avramis Despotis
4.8

Course Information


  • ENROLLED 1941 students

  • DURATION 6 hrs

  • LECTURES 2
  • LEVEL Beginner

Free

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Description

This course covers concepts that will be crucial to a successful portfolio management.

Expect more complex concepts and some calculations to ensure that you are making informed decisions when managing your portfolio.

Levels of risk, risk per trade, position size, stop loss amount, risk reward ratios, expectancy, and breakeven points will be discussed extensively. You will also learn how to calculate for stop loss amounts and determine breakeven points given a risk reward ratio.

This course is recommended for those who have some knowledge in financial markets and are looking into managing their portfolio better. This is designed for traders and investors of all levels – it can help beginners with the fundamentals and it can help veterans improve their money management skills.

What you get

Principles of money management

How you can apply money management to minimize risks and maximize returns of your portfolio

The appropriate level of risk to take

Calculating for stop loss amount

How risk reward ratios are applied to trades

Understand how risk reward ratios affect expectancy

Calculating for a breakeven point given a certain risk reward ratio

Course Curriculum

1

Welcome to the course! This module expounds on the basics of money management and how you can apply it to your portfolio. A practical approach is employed to facilitate better understanding of how the level of risk and stop loss amounts affect trades. You can expect to learn how the amount risked per trade and its position size can result in profit or loss.

30 Mins
2

This module expounds on risk reward ratios, trading expectancy, and breakeven points. A practical approach to risk reward ratios is undertaken to facilitate better understanding. You can expect to learn how traders employ the risk reward ratio in determining potential profits and how it affects expectancy and breakeven points.

21 Mins

Ratings

4.8

4.8

43 Ratings

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