FOREX Training Course - lesson 3 : (Money Management)

[akhalajd]

great work bud

[TheRouletteBreaker]

Very nice lesson,so as you said the bankroll is very important.

Like your vids. :)

[BudistaslLT]

great vid

[indiaforextrade]

The most important factor which affects the profitability of any signal provider you set in Zulutrade is to choose the optimum stop loss value for that particular Signal Provider (SP).

Now money management is so easy with our software The "catch" to test with our software and find the right signal provider and use custom limit/stop settings. Here is A tool to find out the optimum stop loss value for any Zulutrade Signal Provider. visit

autotradefx.in/sl/

[indiaforextrade]

The most important factor which affects the profitability of any signal provider you set in Zulutrade is to choose the optimum stop loss value for that particular Signal Provider (SP).

Now money management is so easy with our software The "catch" to test with our software and find the right signal provider and use custom limit/stop settings. Here is A tool to find out the optimum stop loss value for any Zulutrade Signal Provider. visit

autotradefx.in/sl/

[swtbts1123]

I frequently stay in hotels for work. Hotels = horribly unreliable internet connections. Very important to protect yourself with a planned out stop. I've been lucky so far.

[skantha75]

Sorry, I had to post in pcs please read from my first post from bottom,

To me greed is breaking your own rules when you start the trade you deside to take 50pips and you dont close when you have the 50 pips to close or you increase the risk%

I can keep on listing the braking of rules all this happen if you become greed due to loosing or wining more than you expected.

Any way you did a good job to post this video

[skantha75]

About Greed you mentioned you dont take profit when market clearly says you have to. Now my view is market never give any indication or tell you have to close the trade for example if you trading on 1h chart if you see price reversing this could be a retrasment in 4h chart. If you jump the gun to close your trade this applys to the second point you made fear of loosing the profit.

[skantha75]

great video, you did a good job few thing I would like to point out,  Dont use 911 as a example to put a stop loss I agree anything could happen to shake the market. I place stop loss for 2 commen resons that always can happen Power out and Internet disconecting when you are in a trade.

[drgreenery]

PRETTY MUCH ALL YOU NEED TO KNOW TO TRADE. Everything else is details.

[FourWinds14]

I am just learning the Forex market, and Sion's videos are outstanding!

[ski745i]

yup...I second that!

[trendingsoftware]

Sion

Great video and knowledge.

The best on YouTube IMHO

Barcap

[iefke]

u are an excellent man , at least one man who stands out against the rest

plz go on yves

[gulzaarfx]

Great video! Although I like to keep my stops at 50-odd pips, and my biggest stop would be around 200 for a position/long term swing trade. I hope we can collaborate in the future!

[jeteshbhula]

Excellent videos

Thanks very much

[adobe222]

Great lesson. Thanks

[wowdegree]

Please make a tv show!

[MrGripperz]

Great Vids, keep up the good work, very simple to follow and lots of useful info

[sionsmith]

Money management is so important when forex trading. I hear it all the time, people who have taken months to build up there account & lose it in 1 or 2 days! Dont let it happen to you!!!

[vishowntar]

thanks

[dchap66]

just found your videos............excellent!

[jeberly898]

Excellent video. Thanks for sharing it!

[saint1618]

Very good lesson.

I have learned a lot through this video

thank you so much

[sl0wik78]

Good stuff!

All shoud watch it before they've started.

:-)

Also, I'm pretty sure that nobody would understand it without having few bigger losses, especially at the begining.

What's going to be next?

[fxlan]

tnx for the video

[me2995]

Thanks for this video Sion.

Could you perhaps make a video of how you set up all the fib levels and pivot points and at what time frame you do that? You've a lot of them on your charts I see. Thanks :)

[davdkh90]

Great video! :) - thank you very much! - enjoying following your videos and posts on ff :)

[1stavros1]

great review sion just wondering on lesson 2 what was your settings for the Macd colored v102

[me2995]

That is 5, 13, 1.

[sionsmith]

Thanks, its something which not many traders are aware of but in my mind is just as important as learning the markets.

There are so many signal companies out there, which just tell you when to buy / sell without explaining why or their views on money management. The next video is going to be all about stop losses I think, and where to put them :)

[target941187]

Thanx, sensible things I need to be thinking of.

[pwon99]

Great video. We have all been waiting fro this one to come out.

[swingdjpj]

I have learned a lot from all of your videos and this is a great addition to the collection!

[bulldogge1232000]

Good review of MM basics.

I wish I had seen it years ago.

But some of us had to learn the

hard way.

Spike