In episode 5 we are going to discuss the basics of Forex Risk Management. We will touch on the types of risks, reasons why traders need to manage risks and some practical ways to implement risk management in your trading.
We recommend you start at the beginning of this series:
- Episode 1: Forex Trading for Beginners. Introduction to the Basics of Forex Trading
- Previous episode 4: Understanding the Fundamentals of Forex Trading Psychology
We recommend using cTrader in combination with a reliable broker.