en-ae
Course overview
1. Why is risk management important to traders?2. How much should you risk on a trade?3. Applying a stop-loss, take-profit, and trailing stop4. Finding the right broker5. Conclusion5. Conclusion
3 Key Takeaways
Risk management is essential as it protects capital from extreme fluctuations, ensuring long-term performance.
Applying a stop-loss and a trailing stop will help you automate your trading and prevent potential losses.
When choosing the right lot size for your trades, you must first decide what the stop-loss is going to be and how much you are willing to risk.
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