How Much To Risk Per Trade? 3 Easy Questions To Ask Yourself
📈 FREE: The Complete Price Action Strategy Checklist
In this Phu Quoc Forex trading vlog, I tell you how much you should be risking on your trades. We go over a few things to think about before you decide how much money to put on a trade. Vlog #480
1) Calculate your max drawdown carefully
2) It's about how you recover
3) Investors care more about the risk than the returns
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My name is Etienne Crete (from Montreal, Canada). I'm a swing Forex trader (who has the chance to travel the world anytime) and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.
You see, a lot of aspiring Forex traders lack the confidence to pursue their dreams. I'm there not only to help you develop your confidence but also to implement the tactics that are proven to give you results. You'll develop Forex trading discipline and the other skills you need in NO time!
Ultimately, you'll get to experience what a day in the life of a Forex trader truly looks like, but you'll also have to be consistent with your Forex weekly review!
I produce a traveling Forex trader vlog and host the Desire To Trade Podcast. I was fed up with the “fake” millionaire traders and the “get-rich-quick-trading guys”. That's why you can expect more free content from me than what other people charge for!
All Products Used In This Video
- Camera: Canon EOS M6
- Tripod: Sirui 3T-35K
- Editing software: Final Cut Pro (Mac)
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If you got value from this video, you might want to consider checking out the Desire To TRADE Academy where I’ll help you develop a solid trading strategy, implement the things successful traders do, and more! That's all going to be done while you build a lifestyle you love!
If you are wondering how to put together a solid trading plan for trading Forex for others, I recommend you grab my FREE One-Page Trading Plan Template. It will help you simplify your trading strategy on a single page!