Forex Equity and Risk Management Pt 1 MUST WATCH for Forex Traders

http://TradeAdvisorPro.com/ftw - Download Chris Lori's Face the Trader Within http://TradeAdvisorPro.com/forex - My Forex Trades Directly to Your Inbox Part 1 of this video series on Forex Equity and Risk Management goes through the #1 reason why 90%+ of Forex traders completely fail..a lack of an equity management plan. This video series explains how to develop your own Forex trading equity management plan so that you can effectively trade Forex. This free Forex video training series shows you how to calculate how much of your account balance you should risk on 1 trade, how to spread your maximum risk across multiple trades and how to enter that information into your Forex brokers trading software. http://www.youtube.com/watch?v=7fGR25FH3aU http://www.youtube.com/tradeadvisorpro

Comments

1. When you mean a hundred pips on a 5 digit broker its really 10 pips right ? 10.0.
   I just want to make sure im measuring right on my mt4 platform. You mention 100 pips on the EUR/USD. When I see a hundred I actually think its 10 pips so im hope im doing it right. Can someone please confirm ? Thanks
2. I don't understand what is meant by risking $10 a pip at 9:37, and why does it take $100,000 to risk $10?
3. Equity management is definitely one of the main reasons why people fail. 
4. the title of this video is WRONG. it should be GOD SENT EDUCATION THAT WILL KEEP YOU ALIVE IN THE MARKETS. Many congratulations sir, you have done an awesome job here. God bless. Sergio
5. yes..... that's so true that you are gonna do stupid things when you lost big amount, I was in that situation.......
6. This is deceptive. Hitting the stop loss is a full loss. However in the majority of your trades when you get to a certain profit level you move stop loss to break even and take off some (usually half) of your profit. From there sometimes you get to the original target and you can bank the rest of your profit. But often the trade will retrace and hit your BE and no additional profit from that trade. So if you are losing more than you win being significantly in profit overall is difficult.
7. I followed this video up until the end where you give an example of a trade. What do you mean when you say you will spread your $1000 across the 100 pips? Why does 1 lot equal equal $1 in your trading account??? DISCLAIMER: I'm a total beginner at this as I'm sure you can tell :)
8. awesome!?
9. this was greeaatt
10. High as? a pigeon! I am consistant!
11. nice one mate.
12. Im lovin it~
13. bella!
14. The system must of crashed and deleted like 322,354,346,343 views off this video :P
15. awesome video
16. Liked and subbed! Very nice videos! =)
17. Thumbs up if you watched the video and will watch it over again!
18. Your a beast.
19. you are just awesome
20. That video was so amazing! I love it