Risk Management In Forex Was Hard.. Till I Discovered This Easy 3-Step Secret (Beginner To Advanced)

How is this applied to crypto to calculate position size since its not in units with brokers?

PLZ MAKE TUTORIAL ON HOW TO DO IT ON TRADING VIEW PRACTICALLY LOVE UR VEDIOS

Someone pleaee help i can't find order form please

Thank you so much for this in depth explanation of what was a little bit of a frustrating topic for me.

You are the only person who has explained this without all the fakery and cap. Thanks so much!!! I really needed this information. I was risking way too much on one trade. Much appreciation!!

Best explaination thus far... HANDS DOWN but... idk why u chose 25pips... How does 1 determine how many pips to factor in? What deterimine where your stop los should be?

Who else looking at the comment to make sure the video good😊😂

Thanks Bro🎉

Great explanation however, one question: You're assuming I know what my SL Pip size should be. What determines what my SL pip size determined by? That is an arbitrary and not one I know about. Otherwise this is an awesome video on risk mgmnt.

Another lesson learnt ❤

This is quite educating!

Thanks for running through the formula, Steven. Most sites only point you to a calculator, which is like giving you a fish, so you can eat for a day.
You're teaching traders how to eat for life 👍

You are the best Tr thanks alot

how do you know what your stop loss in pips is? sorry if it sounds dumb, i am very new to this topic and i couldn‘t really see through this point

Hey man thanks for the video! But does your trade SL of 110 000 u (let’s say) will be exactly your RT or lower? Because in my calculations it’s always lower so I’m thinking maybe my maths r wrong. I use this in crypto tho and the ps to find me lowest risk leverage.

this was simple and straight forwad bro we appreciate it

Hello steve thank you so much for all you do. This channel as taken me from been a trader with no idea to a “standard beginner“ i enjoy every video but i would love if you can explain the ATR in relation to stop loss(zoomed in) i know its 1ATR from top or bottom of candle or wick my question is do you add the ATR to price pip or the figures on position red/green...? i hope that makes sense. I am also looking to join the university soon.

So guys im wondering if the pips move in your way do gain the same amount of money for examply the 4$

At around 15min you calculate what lot sizes you should choose and it came to have a lpp of 4$ with 100$ rt it should be 4 mini lots. But the thing i don’t understand is how can i control 40000 units of currency with only 10000$ account.

amazing thx heaps

Hi Steven that is fantastic but I can't find the pip calculator

Mr. Steven, I love your videos. They're well explained and easy to understand anyone. If I have $500 what should be the amount for a single trade. lets say I need $15 in a trade. what is the strategy that makes this eazy for trading
.Thank You

How do you guys round off? If an amount is $11.46875 wouldn't you round it off to nearest number which will be $11.47 (Hence the number after 6 is above 5 ?

So as I understand if i have 500$ account and my RT is 5$ whit 1% risk, I need to open 2 micro Lot position am I correct?

Love you man

This video just explained everything about Risk management ❤💯

Thanks bro🙏❤ this video really helps me understand how to Calculate the position size and without using baby pips😅

God bless u

Thanks

I’ve been looking for days and I just found the gold I’ve been looking for. This is the perfect risk management video I’ve seen

Steven!!! THANK YOU SO SO MUCH🙏 I've been having issues for such a long time wrapping my head around risk management. Got to the point in my career where I started to only risk one percent but then was having issues on how to properly risk one percent 😅 thank you for breaking this down in a easy way to understand. Finally know how to do the math quickly without having to go to fx calculators. Great video it's been hard to find a video that really explains how to properly use RM!

What is pips

Thank you bruh, all are simple and easy to comprehend ❤

Finally clicked thanks for this very simple breakdown🙏🏾

My Risk tolerance is bad 😢. I'm even going to hire someone to help me stick to my goals but overall profitable 😂

Position sizing was wrong explain.

this guy fire

Excellent lesson.

the next natural step is to complete the actual ticket with the information and this wasn't done which is disappointing when you are a brand new trader

Hello Steve...am a crypto trader but I use your 50 days moving average stray...please how do calculate peeps.. where do you find them in trading view!

About time somebody explained and put all this together properly, thanks dude!!

What are pips??

So so helpful! Thanks for sharing!

I think from the most valuable videos in forex trading!

i have found tons of value in this video, it is causing a significant shift on my perception on RISK MANAGEMENT-i will forever be grateful for this.

I like to calibrate my risk management in terms of what would be a catastrophic losing streak. If your winrate is 50%, 1 in 32 trades you make will, statistically, be the beginning of a 5-loss streak. If you do 5 trades a day, then roughly once a month, on average, you will have a 5-loss day. Would this wipe out your whole account? Then you have to either place a contingency to halt trading before the total loss, or set your risk per trade lower so that a 5-loss streak won't wipe you out. Something like that.

You’re a g, I’ve been pulling my hair out all morning trying to understand this concept and you made it make perfect sense in a 20 min video thank you 🙏

The way that the intro music fades in man like an instant boost of confidence it is sheesh I love it <3