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FA 0023: How much am I willing to lose before I exit the position

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Sinopse

Welcome to episode 23 of the Forex Answers podcast. If you are new to Forex trading, this is a great resource for you to start learning about Forex. Each episode is going to cover one brand new question. And our podcast is 7 days a week. We just want to take this time to thank you all for helping this show take off. And hopefully we can provide you with valuable content in each and every episode. In today's episode, I go through some risk education & observe why different people should risk different amounts. We also cover some key actions which may mean you are risking too much when trading.   Want a question answered on the show? Send them to questions@vintageducation.com Click here to Record your question   Enjoy the show... IN THIS Episode: How much is the right amount to risk   Why predetermined risk is the best way to manage risk and remove emotion   Why the golden rule of 2% isn't for everyone   Key ways to determine how much you should risk   Some key ways I boosted my Forex psychology with h