All language subtitles for 1_fodase10293

might be, just focusing on
anything else. Um so yeah, risk

I believe it is. Um but yeah as
anyways take care and please

you know diverting from that is
never going to end well. You

it's the most simple thing.
Use, use an appropriate site. I

take this take this seriously.
Risk management is so

have one anyways. It's just a
general one I use on FX Street

time, whether it be studies or
you know, just whatever it

to that if you really think
about it 0. 25% and you hit a 1

do the revenge trading it's
called in this industry When

completely stop trading, focus
on some other things at the

sometimes it happens you know
up to 0. 5, but there I've got

back, get that back and you're
trying to get that money back

there's no there's no luck in
the market. This is all

guys need but I'm pretty sure
if you're trading, most of you

management is going to be the
most key thing I would say in

this whole sort of strategy.
You need to stick to it and

but eventually just leads you
into a hole where you keep

to 10 that's 2. 5% gain and
you're risking very very

you have a tiny losing streak
and you're trying to get that

accumulation I would risk 0.
25% on that trade when it comes

minimal amounts I wouldn't want
to risk anymore 0. 25% on that

I can send in a risk management
position size calculate if you

and then again the two losing
trades in a day to stop trading

losing and losing. If this ever
happens to me, I always take

they over leverage and they
over trade because they try to

some time off the markets, get
my head away from it, I just

you put a sell limit on the buy
limit and then when it comes to

to make sure my stop loss is
just a bit bigger do not over

over trading kills most people
that I know especially when

trade so this will be for
example a ah a risk trade that

that day avoid trading outside
the plan and never over trade

expose yourself in the same
currency pair at the same time

Monday to Friday because
Mondays and Fridays I barely I

low time frame trades when I'm
doing maybe a one minute ah

for example to really sort of
stick to my plan and sometimes

something like that. It's
ridiculous. And then again

even even now I'd find myself
for example over risking on a

for me I would that that took
me let's just say a few months

stat. 90% of retail traders
drop out within 90 days or

that efficiently. Um I risk 0.
5% to 1% on a high time frame

keep your trading plan printed
out keep it where your desk is

obviously the the way to
actually make money in this

of the hardest industries in
the world where I think it's a

industry is through larger
accounts and being able to grow

we talk about you know gets to
a point of interest and then

might be lucky here and there
where one of the trades that

barely even trade them days so
it's usually Tuesday Wednesday

something that I'm going to be
going through as well because

trade or doubling down when I
shouldn't be. And that's

working well then you start to
see the profits coming in and

trades nothing more than that
but usually in a week it's only

something where I have to refer
back to my trading plan because

you've over leveraged on goes
really well but that luck

systematic. You know you're
coming up in quite possibly one

trading starts to become
systematic and your strategy is

day. No matter what it is
because two trades that day for

mention this but it's so key
and people really do forget it

out and read it like it's like
it's a script because once

similar currency pair at a
time. So if you remember from

never over trade. Now when it
comes to funded accounts it's

other thing do not overexpose
yourself in more than one

about three or four trades
throughout the entire week from

at. Um but all Always make sure
that I just stick to one of

Thursday couple of trades them
three days is alright avoid

way and it goes against my
direction then I'm in two

my sort of plan is a lot
anyways and but then again it

them at the time and sort of
keep the other one on the

where your monitor is or laptop
whoever it is keep it printed

sidelines because I don't
want to over risk on two of the

the last section that we were
talking about choosing your

personally two losing trades in
a day and I stop trading that

same sort of similar pairs for
example if USD goes the same

to reward. If you've got a
positive and a good number then

losing trades. Now when it
comes to losing trades me

your USD and GBP USD are two of
the main currency pairs I look

currency pairs. When it comes
to that is like for example

you to see losses in your
account and then obviously risk

your account is just going to
grow substantially. Uh one

outside trading plan at all
times this I don't even have to

ever really let myself trade in
a day is what maybe three 4

would go in a few more times I
mean the max I think I would

it's a smaller account than any
of the funded accounts so

depends if you're seeing a lot
of good order flow in the day I

anywhere between then is good
online people say 3% is alright

as well personally I don't
really stick to that because

few thousand, whatever it may
be. Um personally I only risk

between one and 2% of trade.
Very rarely do I even risk 2

confirmation trades not really
many risk trades so my stop

is because on my normal size
accounts I usually trade

percent. It's always between 0.
5 and 1%. The reason for that

loss is usually below I don't
know below 10 pips between 5

kind of trade you know what I
mean it's it's 1% obviously

you're just trading 1% it will
actually really take time for

free losses in a row can really
really hurt your account but if

and 10 pips sometimes, even
less than that so it would be

not stupid but it would be
risky of me to risk 2% on that

strategy and then what you can
possibly do as well. So on a

just going to be explaining my
risk management sort of

going to be profitable. If
you're winning at least half

the trades and your risk
management is good mean you're

you're going to be going far in
this business at least. So I'm

normal size account for me this
is anywhere in a few hundred,

long as you've got a win rate
and perfect risk you're always

to technical strategies you
know so you can have any

strategy in the world whether
it be retail whatever it is. As

mindset honestly is such a big
difference. And when it comes

part of the course I would say.
Obviously next we've got

So guys we're finally onto the
last section of the technical

fundamentals but it's the last
part. Last piece to the puzzle

looking at is risk management
and this is this psychology and

for the technical side. Um so
first thing we're going to be

important. Alright guys, see
you in the next video.