Forex Money Management [Strategy & Plan]
For a complete Forex, Money Management Strategy, check out the online course: https://eaforexacademy.com/courses/algorithmic-trading/smart-trading-system/
Forex money management is what makes the difference between profitable and unprofitable traders. It is the most common mistake that beginners start trading without having a good Forex Money Management Plan. The result is that 90% lose their money in the first few months.
In this Forex money management strategy video, the trader Petko Aleksandrov will give you tips and suggestions on how to structure your strategy so you can be on the profitable side.
You will learn that it is not important how much you start with but how much you are risking out of your capital. A risk bigger than 5% is not recommendable, but the desire to make quick profits is what misleads the beginners to risk more than that.
Also, the total risk in the account is not the amount you are using but the total SUM of all Stop Losses from the opened trades. That is how much one can lose at any moment.
Petko Aleksandrov is the Head Trader and Mentor at Trading Academy, and in this video - Forex Money Management, you will get the best of his experience.
Already over 30 000 students joined the courses from Trading Academy during the last 3 years, and all are trading his Expert Advisors.
The course is included in our Packages:
The Expert Advisors in the course are created with the following program:
★ Forex Strategy Builder Pro - 2 weeks trial:
★ Test EA Studio with a 15-day trial and get the FREE course:
� If you have any questions about Forex Money Management, please, write in our trading Forum.
Make sure to select a regulated and trusted broker when you use algorithmic trading:
Our online algorithmic trading courses:
Let’s connect on social: