The Proper Way To Calculate Position Sizing | Forex
Information | Currency | Markets | Fx | Video | Assets | Lesson | Trading
View full Webinar: http://www.fxstreet.com/webinars/sessions/session.aspx?id=4bec37f0-916e-4fc8-9dfa-dd85bfe5362a Expert: Steve Primo, Founder at SpecialistTrading.com Summary: Too many Forex traders are under capitalized yet continue to over trade. This eventually leads to a series of draw downs which can be devastating, especially for the beginning trader. One way to avoid this problem is by knowing in advance how many lots to properly trade per signal. But just what is the proper amount to trade and how is it determined? In this webinar Steven Primo will show you how to take the guesswork out of your position sizing by teaching you a simple method that automatically decides how many lots to trade. He'll explain how to calculate this formula and then share numerous chart examples displaying this technique. The presentation will be followed by a question and answer period.
Comments
-
uuuhhh i know exactly where im gettin out before evry trade, look at me
-
yes this was too simplistic. you could have really summarised what this dude had to say in 30 seconds or less. when discussing position sizing we need to understand trader conviction. we have to assume trades have different probabilities of success. so having a flat position sizing % may not meet everyones needs. this video is really way too simple. guy should be ashamed of presenting this garbage
-
thank you very informative