Risk management in trading is on the same level as psychology, without it you won't get very far. In this video there are a few trading tips that I have learned on my trading journey that I hope will help you too!
Check out my other risk management tips
Part 1: https://youtube.com/shorts/fGoz6pU_cX4
Part 2: https://youtube.com/shorts/1cVwfsNkZIY

ATR indicator for volatility-proof stop loss!
Trailing stops using fixed dollar, moving average, market structure, etc.
Correlation analysis between similar trading instruments
Find the best session to avoid big spreads
Use a position calculator to have similar risks on all trades

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#Forex #Riskmanagement #Tradingpsychology #Tradingtips #Tradingstrategy #Trading

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