In this video, I share my risk management strategy that I use to trade my funded trading account with the 5ers, as well as more on managing risk when trading Forex.
π Get FUNDING for Trading with the 5ers - http://bit.ly/3qOMtfH
π Join Our Free Telegram Channel - https://t.me/emilymindfullytrading
TRADING RESOURCES (some may contain affiliate links)
TRADING PROP FIRMS
π Get FUNDING for Trading 5%ers - http://bit.ly/3qOMtfH
TRADING BROKERS
π Open a FREE Stock Investing Account With Etoro - https://bit.ly/3ER74Xo
π Open a Crypto account with YouHodler here - https://bit.ly/35T0qo4
π Open a FREE Forex Trading Account With Vantage - https://bit.ly/3CJ45jY
TRADING SOFTWARE
π TradingView charts FREE TRIAL - https://bit.ly/2GxaC8O
β¨ MAGIC KEYS 5% Discount use '5_MINDFULLY' - https://mindfullytrading.com/magickeys
π FOREX TESTER 5 - 10% discount use 'MFTRADING' - https://bit.ly/3L8lHcc
TRADING EQUIPMENT
TRADING SETUP - See full list of trading equipment here - https://bit.ly/3lkSTD3
π» Get Tri Screen for Laptop by Tropire here - https://mindfullytrading.com/triscreens
TRADING EDUCATION
Recommended Mentorship - http://storyofprice.com/
π° FREE Forex Trading Plan - https://bit.ly/2WKdrINβ
π DOWNLOAD Trade Tracker Pack - https://bit.ly/3gqgPQu
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- TIMESTAMPS -
0:00 Intro
0:54 Importance of risk management
1:29 Calculating lot size
3:48 Managing risk with prop firms
4:05 FTMO risk example
4:47 The 5ers risk example
5:19 My risk % per trade with the 5ers
7:38 Magic Keys risk calculator tool
8:08 Protect capital first
This video shares my risk management strategy for my funded account with the prop firm the 5ers.
I also talk about the importance of risk, how to calculate position size and I look at the differences of FTMO vs the 5ers in terms of risk.
I hope you enjoy!
- OTHER TRADING VIDEOS -
π My Forex Trading Recap Videos (PLAYLIST)- https://bit.ly/33fLRFF
π New Trading Setup! Tri-Screen Monitor For Laptop - https://youtu.be/sXZXQqnmOFg
π 10 Trading Tips for Beginner traders https://youtu.be/2v4ViCDoymY
π Tradingview tutorial for beginners https://youtu.be/Ojl3c6yABEE
π Magic Keys On Screen Digital Review - https://youtu.be/fK2LkPtWjRk
π 6 Best Platforms to Trade FOREX - https://youtu.be/-gaqa6qWuNs
π How to Start as a Forex Trader https://youtu.be/PT-4COPbpqU
π FTMO Vs My Forex Funds - https://youtu.be/3iL_fB1li5g
π BEST Backtesting Software for Trading FOREX - https://youtu.be/-Ad0khUE40I
π The 5ers HONEST REVIEW - https://youtu.be/PvbwaxcjLbY
You will like this video if you are interested in:
- forex trading for beginners UK
- the 5 ers forex
- FTMO VS THE 5ERS FOR RISK MANAGEMENT
- PROP FIRM RISK MANAGEMENT STRATEGY
- MY RISK MANAGEMENT STRATEGY 5ERS
- HOW TO CALCUALTE RISK PER TRADE
- HOW TO CALCULATE POSITION SIZE / LOT SIZE
- prop firm risk
- ftmo vs the5ers
- risk management in forex trading
-risk management trading
- how to calculate lot size in forex
- how to calculate risk forex
- managing risk in forex trading
- best risk management strategy forex
- best risk management techniques
If you enjoyed this video, please LIKE and SUBSCRIBE for more videos! βοΈ
Thanks!
Emily
- Mindfully Trading -
// DISCLAIMER
This video is for entertainment and educational purposes only. I am not a financial advisor and I am not telling you where or when to take a trade. I express my personal opinion only. Trading financial markets involves risk. I am not responsible for any losses incurred due to your trading. I do not recommend any specific trade or action, and any trades you decide to take are your own
#riskmanagement #forextrading #besttradingtips