[Read me]
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In this video, I cover the basics of risk management for cryptocurrency and forex trading.
– Setting Stop Losses
– Calculating Risk Per Trade and Position Size
– Risk:Reward, R & Win Rate
– Tom Dante’s Idea of Evolving R
– Dealing with Drawdown
– Margin Trading
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00:00 – 04:21 – Disclaimer and General Remarks
04:21 – 11:39 – Stop Losses
11:40 – 18:08 – Risk Per Trade & Position Size
18:09 – 26:43 – R & Win Rate
26:44 – 38:40 – Tom Dante’s Evolving R
38:41 – 46:35 – Handling Drawdown
46:36 – 49:35 – Margin
49:36 – End – Conclusion
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Link to slides: https://docs.google.com/presentation/d/1RVycvmHsa4tGYA_J78yoWRRTbjQykZ7E7hpouu32QAQ/edit?usp=sharing
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EdgeWonk maths sheet: https://www.edgewonk.com/wp-content/uploads/Math.pdf
BabyPips drawdown table: https://imgur.com/a/VNBG0MU
Win rate drawdown table: https://imgur.com/a/zjZ86zF
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Free TA lessons & articles: https://docs.google.com/document/d/15c3rN15rkXldY8Te3GDG4NG7noaaoikydOoZQlElwXw/edit?usp=sharing
Twitter: https://twitter.com/CryptoCred
Telegram: https://t.me/cryptocredTA
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BTC: 3Lmshpf32UtkWD4RCHvKJvb31u8MwqH7wF
