Forex Risk Management : Are You Suffering From "Trader's Ruin"?



This Forex Risk Management Video is about a concept called “Trader’s Ruin” If you neglect to adhere to sound risk management principles in your forex trading, you are guaranteeing that you will fail. This is regardless of how good your strategy happens to be. In this video we discuss the concept of Gambler’s (Trader’s) Ruin, we look at a study that shows how it applies to trading, we discuss how to do better than the losing crowd in forex trading, we look at what we can learn from forex signal followers, and we look at the Forex Useful MT4 Risk Manager as a way of making sure we stay on top of our Forex Risk Management. Resources: Buy Forex Useful Pro here: https://forexuseful.com/new/members/21812-pro-membership Read the Coin Flip Study Here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2856963 Take the Coin Flip Test Here: http://coinflipbet.herokuapp.com/ Read my blog post on Risk Management Here: https://forexuseful.com/forex-risk-management-a-lesson-from-a-hedge-fund-legend/

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    Additional Information:

    Visibility: 150

    Duration: 28m 34s

    Rating: 4