ULTIMATE Money & Risk Management Strategy Revealed By A $4M Forex Trader
In this video, I’ll be sharing some valuable strategies for mastering money management and risk management in forex trading.
jobalertshop
January 29, 2024
jobalertshop
January 29, 2024
23 Comments
@berndskorupinski
January 29, 2024 - 9:54 amIf you want more content in regards to risk to reward ratio and a proper plan how to scale up your trading business, please watch my video: "How To Make Your First $100.000 In Trading (Realistic Case Study)" This is very helpful and I used the same methodology my entire trading career.
@nayab4x
January 29, 2024 - 9:54 amYou have a natural talent for simplifying explanations and making things easy to understand for beginners. Great video Bernd!
@broguy5967
January 29, 2024 - 9:54 amHello bernd, great video on risk management.
Do you personally hold trades over the weekend?
@catchingpipsdepa
January 29, 2024 - 9:54 amalways precious your advices and tips!
@khalidrashid3838
January 29, 2024 - 9:54 amHi Bernd ..
Students interviewed were very interesting and refreshing… I like how u have provided thier personal contact details….I only wish u we're around in 2016 …
I'm looking to take this course in September so is it worth having a phone now or then ?
I'm self employed and run 3 businesses and my time is absolutely critical…plus I'm starting my art career over 3 days per week too ,
I'd prefer long term set and forget traders and less involvement the better .. Thanks
@steffensooderso9355
January 29, 2024 - 9:54 amDo you still have Live Trading Content? Just wondering because the calender on your Website is empty.
@miksu284
January 29, 2024 - 9:54 amIf risk reward ratio system is the best for trading, where do people need these 50k funded accounts with these different drawdown rules and time rules when you can simply fund your own account with 2000$ and risk 150$ per trade so you can at least lose 10 trades comissions included. Am I missing something here? Of course 50k account costs you only 200$ vs you lose that 2000$ but it is so much freedom with that own money than funded money. Also like you canβt really risk more than 1% of your total account balance with these prop firms because drawdown limit will most likely hit if you lose 10 trades and even earlier if prom firm uses trailing drawdown limit.
@750-Perday-Job_LearnAcademy
January 29, 2024 - 9:54 am"It is better to fail in originality than to succeed in imitation." -Herman Melville
@CarlosEnrique84
January 29, 2024 - 9:54 amPure gold. Thank you, Bernd. I'm not sure if my thoughts have any value since you are a pro, and I'm just an amateur. But I see that a fix R has advantages and disadvantages not mentioned in your video. One advantage is the following: when your equity is growing up, your risk per trade is decreasing. One disadvantage is that when your equity is decreasing, your risk per trade is increasing because your balance is less than the initial deposit, but your R is fixed. The other disadvantage is that when you are increasing your account, the ROI is less than the fixed percetage ROI. The advantages I see in the fixed percentage rule are that you can earn more money when you are winning, and when you are losing, you are decreasing your risk per trade. The fixed percentage has the ability to adapt to both scenarios, winning and losing. Thank you for reading.
@zafercakar3466
January 29, 2024 - 9:54 amYou cannot see another trader who is both so successful and humble. Thank you, Bernd, for your generosity in sharing information.
@jowltradesfx
January 29, 2024 - 9:54 amFinally a trader who doesnβt push the 1% rule down our throats and knows risk is subjective
@RedBullesVudi
January 29, 2024 - 9:54 amπ₯π₯
@750-Perday-Job_LearnAcademy
January 29, 2024 - 9:54 am"Try not to become a person of success, but rather try to become a person of value." -Albert Einstein
@William.-.
January 29, 2024 - 9:54 amGood video about risk management, although I was hoping the video would go into more depth in risk and money management rule.
@hs.capitals
January 29, 2024 - 9:54 amSir love your videoβ€ I just want to know how many RR on average per month is enough for full time trader? And how many RR can you achieve on average per month?
@Kilonz0
January 29, 2024 - 9:54 amThank you for this,I'm subscribing,never understood why profitable traders kept their money risk consistent for years even when their accounts tripled in size
@xRageAgainstMachines
January 29, 2024 - 9:54 amI'm struggling to see the difference tbh. Are we talking about always risking 1% even as your account grows? Because risking the same $ amount is the same as risking a consistent %. Like for me on a 100k account, I'm risking 1% ($1000) and even if i make more profit I'll keep risking that 1% (of my original account size)
@HSNTRADES
January 29, 2024 - 9:54 amI love what u do for us bernd, I literally watched all ur videos, sometimes twice.. thanks for all u do and Iβll meet u on the top one day
@mastermindcapital
January 29, 2024 - 9:54 amThanks again bern, Iβve asked myself the same questions.
Also great video you got an amazing editor
@denilson7599
January 29, 2024 - 9:54 amThank you for this amazing video Bernd! Got my call booked, excited to join the Campus and finally take my trading to the next levelππ½β€οΈ
@FreedomMoneyJourney
January 29, 2024 - 9:54 amThank you for this, I've been thinking in Rs since I heard from you! It really helps with emotions since it shifts the focus from the amount I risk… little detail I thought it can be extended to % risk? Can't find the PDF and the site of the guy doesn't have it anymore (RIP). I get the rationale behind the fixed amount now tho, great explanation π€π ps. can't drop a bomb like "there are better places to keep your money" and then move on like that π
@amideloua9734
January 29, 2024 - 9:54 amSometimes it's just too obvious and simple that we can't trust it. Thank you Bernd
@music720s7
January 29, 2024 - 9:54 amSir can you please suggest me any prop for 5k or 10k challenges? I am very afraid of prop firm cause I afraid to lose my fee amount of money. I practice myself to use ftmo free challenges and now I have much better confidence and your motivation and honestly is my power.
Comments are closed.