All language subtitles for FXCodeNameChibiuzin - 8

40 pounds loss, that's alright
to handle, that's okay to

percentages we're going to talk
about parameters going to talk

far together we're going to
talk about risk tolerance risk

to have too much of a
psychological effect on you.

something very important that
you need to do. We've spoken

the week, for the day, for the
session, for the month when you

Okay. Let's say we're trading
100, 000 pound account. We risk

profitable and effective risk
management strategy. So I'll

about stop losses risk reward
ratios and position sizing and

2% risk that's 2 pound. That's
$2 right? That is not a huge

So recommendation then when
trading small because I know a

that is why on the contrary I
believe in keeping the risk

wipe you out fast okay so that
2% is the perfect balance it

much easier to come back from
than if we wipe all of our

around 94. 5 and so on and so
on and so on so as you can see

trading in a 00 pound 00
dollaraccount. 2% risk is

a000 pound though, 4% risk is
four pounds or 40 pounds, okay?

wound out and that's going to
be hard to get back from so

risking that same amount per
trade, every trade, which is

help your mental and your
mindset realign.

if you keep this percentage the
same it means your losses won't

see you in the next video when
we conclude risk management and

And we've spoken about why that
2% is the golden ratio for risk

keep the risk low, okay? It's
always better to grow slower

the next video we're going to
conclude risk management I'm

require a stronger level
stronger level of patience and

how you can bring all of these
things together to form a safe

going to bring all of the
aspects we've spoken about so

really get ready to dive into
the exciting fundamental and

effect that's going to have on
you is quite big. 2000, half

way to go for me. So, if you're
going to be trading a large

okay and for your account risk
per trade so going forward in

hit certain loss amount or
certain profit amount just to

of that ninety-eight which
takes us down to about 96. 1

about cutting off your risk,
okay? So closing out risk for

than it is to lose fast, okay?
So that is most that I have to

say for the risk paramesis
video then. We've spoken about

starts going bad okay so here
we have marked out a starting

amount of money or you're
trading a bit of your savings,

can bump it up to 4 percent. Uh
the reason being it's not going

this one totwo risk reward I
can win 100poundper trade

your mental your mindset allows
for that okay without too much

start with 100% and from there
we have a 10 trade losing

bad about going for 4% risk as
long as your risk tolerance

4%. We're risking £4, 000 per
trade, okay? The psychological

stress. When trading bigger
though, personally, 2% is the

smaller account is going to
usually be a stressful risk

know, you can do it. If your
risk tolerance allows it, bump

you master that that's going to
do wonders for your discipline

amount of money. In instances
like this I would recommend you

seem you know completely
pointless right? Say you're

discipline and the patience
that it's going to require well

80% or 85% is much easier to
come back from okay if we have

lot of you will be trading
small accounts which is

it will be harder to settle
into in the first place when

handle, okay? So, if you're
trading small, I recommend, you

are here to master the process
so this stronger level of

it up to 4%, okay? 4% risk is
going to be acceptable. On a

and your patience so if you're
starting off small don't feel

85% of our account still intact
we're down 15% that is much

account out down to 40% mark
okay that is going to be a

discipline but that's that can
be a good thing okay because we

okay it doubles your account
growth speed and it is going to

we look on the contrary then,
new traders might want to go in

our account on the same amount
of losses so you know let's say

completely fine but when
trading small 2% risk might

we're risking 10% per trade
after 10 losses our account is

to make much greater profits at
a much faster pace without

profit mark okay and while this
means losses can happen faster

pounds per trade because I can
get fast growth okay if I trade

the loss is easier to handle.
If we're trading 100 pound or

makes trading worthwhile and it
also keeps your risk down to

going to be hard to maintain
across all currency pairs and

streak okay the 2 percent per
trade takes us down to around

80% after 10 trades okay
because we don't lose 2468

20%30% risk but at the end of
the day losses are going to

attempted to go go in big and
go all in with the big 10%

only around the 40 the 40% mark
right we lose huge amounts of

small okay you might be tempted
to go large you might be

balance of 10100 pounds or
whatever well yeah 100% we

the bare minimum

down to 4 but you can see how
we grow quite fast to the 8%

we have our parameters in place
and we have our risk reward

straight off the bat if I trade
1-3 I'm winning 150200 et

possible to blow an account if
we do follow the parameters

cetera, but the problem is it's
all good and well until it

okay. we don't lose 20% of our
account overall what we

actually do is lose 2% so then
we're on 98 and then we lose 2%

and to manage our losses and
keep our losses smaller. So

stay the same size as your
account gets smaller okay if

and then from there we lose
that again taking us down to

risking too much whatsoever,
okay? Without even making it

safely. So that's why I
personally like 2 percent. If

wins and losses the same in
line we are only at the 4%

mark okay on the 1% risk per
trade this trading 1 toone

start off with one win okay and
we are taking up on the 2% risk

sticking in 500 pounds. You
might think I'm going to risk

and risk loads of their
account, okay? Say you're

ratio by the way on the 1% risk
per trade after all of those

strategies in place to help
boost okay boost our winners

be dropped down to that 2% mark
again okay from there two

per trade we are now at 2%
profit okay we then win another

winning trades is going to take
us to 46% a loss brings us back

personally for me doubling that
little 1% risk there allows us

trade we are up to 4% profit
when we lose one we're going to

and 2% on a risk reward
strategy so I think we're

trading with around 6566%
accuracy here let's say we

2%. we'll make six okay so it
doubles up the speed it doubles

I've marked up which shows the
difference between risking 1%

up the speed of the account
growth process that's the

that's nothing to be concerned
about that's good but on the

the results that we get when
trading 1%. so let's say we win

using a smaller account so I've
got an example chart here that

want to succeed within the risk
reward strategy that we're

important principle of risk
management. We got to strictly

a 1-3 trade okay on a 1% we
will win 3% on that movement

going to choose a risk percent
and then we're going to stick

absolutely no reason to go back
into the market risking some of

we start going over 2% risk
gets quite big and if we go

another account or blow any
accounts whatsoever. So

okay so risk are really
important and it will help you

were to risk less per trade we
risk 1% per trade our trading

row almost an impossible to hit
amount of losing trades in a

okay because professional
trader will not continually

alternatively then 2% makes
trading worthwhile okay if we

risk percent on every single
position you take so we're

reason that I personally think
2% is the perfect balance when

we're not able to manage we may
want to half the risk on that

and over again that will have
parameters in place okay and

loss, 2% loss over and over and
over again, takes, you know,

losses, right? If you have no
cut-off point and you just keep

per trade, it's going to take
you a lot of losing trades in a

this from the start, there's no
reason that you should blow

is going to be inefficient so
to speak so we on 2% get double

row in order to actually lose
your account. So, if you can do

stick to that on every single
trade. Maybe some exceptions

the perfect thing the perfect
amount to trade but why is that

losing streaks so on the
contrary then if I make X% I

under 2% trading can feel not
worthwhile especially if we're

so to percent provides the
perfect balance, okay? A 2%

golden number is 2% okay 2%
risk per trade is pretty much

are just going to open our
accounts up to significant

going to be trading. So we need
to choose a risk percent and we

continue to trade through
extended periods of loss, we

here and there say we are
taking a overnight trade that

possibility of pausing at
trading, okay? Because if we

need a cut-off point be at 6%8%
10% in a week or a month and

risk, it is practically
impossible to blow your

that we do this, we accept
losses and we accept the

position but generally you're
going to want to trade the same

to make more because we've just
nailed 10% okay that's an

point for the rest of the week
okay so you think right I'm

we've just had an amazing week
and we've just made 10% alright

account. If you stick to the
parameters as well, your

cut-off points and you trade
logically, if you're risking 2%

to it on every single trade for
me and I believe personally the

because it stops us from
getting greedy okay let's say

those profits to make more
right you should be happy you

person and you don't like
putting on huge amounts of risk

five losses a day, you can wipe
your out quite fast okay so we

will pause trading for the day
or week is also important

this is probably going to be
the cut off point for our

point for profits as well if
you've made 10% there is

risk X percent per trade every
trade. And this is the most

amazing profit for a week okay
so you should have your cutoff

okay I will pause trading for
the day or the week so these

that is where you will cut off
trading and pause for the week

they do have parameters in
place so pause trading on

going to go away from the
market relax realign come back

next week with a clear mind and
retackle the market, went back

while trading and they also
help us to keep professional

adhere to our specific X
percent amount, okay? If we

rest of the week on the
contrary if I make X percent

parameters help you to manage
your account overall okay if

you hit a losing streak and you
hit 3 trades in a row that lose

need these parameters in place
that help us to stay relaxed

enter the same trades over and
over and over and over and over

quite high that risking 4% of
your account per trade but it's

another parameter is if I lose
X amount within this trading

mega that's quite a lot of risk
to be putting on a position so

to control your risk. So we've
just spoken about the I will

manageable right anything
bumping past five is is quite

session I will pause trading
for the rest of the day or the

with risk and dealing with
loss. So a few examples of risk

we should ever surpass the 4%
mark, I think that's getting

2% per trade you've just lost
6% this may be your cutoff

parameters are I will risk X
amount per trade okay every

around 1 percent.
Alternatively, you know, you

will risk 2% per trade on every
trade okay that's what I do 2%

more gambling type or you are
stronger emotionally at dealing

per trade, you're probably
going to keep your risk down to

single trade so for example
personal to you you might say I

will risk 4% per trade every
trade personally I do not think

because we don't want to go
risking it more in an attempt

we've spoken about, okay? So if
you are a very risk averse

might want to bump it all the
way up to about 4% if you are a

my losses and went back some
more profits. It's important

on trading through the losses,
2% loss, 2% loss, 2% loss, 2%

of our discipline as well if we
have these risk parameters in

reward approach where we risk
one to make two, one to make

place we know that we're
going to win long term okay if

losing trades are going to be
all different sizes all out all

of short term losing streaks
anyways okay so the parameters

because if we are switching
that up winning trades and

discipline to follow the rules
follow your parameters and

from breaking these parameters
we know that we can regardless

and handle loss. So risk
parameters then are the

we are always risking that same
one hypothetical one okay

ingrained in all of our
trading. They are the core of

you might say I will risk 1%
per trade every trade okay or I

we need to keep our risks small
but of course you can up it a

that risk management strategy
properly so parameters are at

out of order and we're never
going to be able to adhere to

trade. As we've spoken about
before with risk reward, if we

personal in line with your
personal risk tolerance as

our trading plan. We need to
follow them strictly on every

you to build that discipline
and help you control the

three, one to make four,
etcetera. We need to make sure

that we use even if we feel
like we'd be happy risking 10%

trade in line with those So
risk parameters are going to be

will help you in your
discipline and knowing that

controlling our risk, okay?
These risk parameters are

guidelines, limits and targets
that we put in place for

of our account portrayed it's
not a wise thing to do okay so

we can trade with these strict
parameters and we can stray

little bit depending on your
personal ability to handle risk

we need to remain realistic and
we need to remain logical with

going to reflect your
individual personal mental risk

your personal risk tolerance
there are dangers of risking

tolerance in this video. So
risk tolerance is your personal

too much and there are dangers
of risking too little okay so

risk very very small, okay? For
some your risk is going to be

the rules that we set in place.
The guidelines that we set in

want to achieve, you know,
success trading this risk

following these is what's going
to lead to success will help

the foundation of our trading
plan they're at the foundation

risking bigger amounts of money
but regardless of which type

going to like and we are not
going to react well to monetary

thrill of risk you're probably
going to react a lot better

the gambling type or you're you
know you're very into the

logical with your risk
parameters okay regardless of

you are it's important that you
need to remain realistic and

the parameters and targets and
the risk percentage portrayed

tolerance. Uh okay? So some of
us as I've mentioned are

trade and then our cut-off
point for loss and our cut-off

going to have a super small
risk tolerance and we are not

lot Others are going to be able
to handle a lot okay if you are

talking about the overall risk
parameters and individual risk

loss, okay? We're all wired
differently. Some of us are

point for profit okay is all
going to be different and it's

mental ability to manage
different levels of risk and

able to put huge risk on news
and some of us have to keep the

management chapter of the
course. We're going to be

place for managing our risk. So
how much we go to risk per

high, others it's going to be
low. Um our risk parameters and

How's it going everyone?
Welcome back to the risk

technical analysis sections of
the course.