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Forex Trading - Risk Management EXCEL

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Forex Trading - Risk Management EXCEL In this video tutorial Justyn explains the importance of proper risk management when trading and how vital it is to your trading success and becoming a consistently profitable trader. Justyn previously showed you the Mathematics behind trading risk by using a calculator but, the calculator is a little technical for some people when trading. In this video Justyn shows the use of an Excel file which calculates the risk for you, reducing the amount of Mathematics needed to be used by people. Using this excel file all traders have to do is enter their current trading account balance, decide how much percentage risk they would like to use per trade and then finally enter the amount of pips they will be risking on the trade. Once this is done the Excel file will tell the trader the amount of volume (lot size) to allocate for each trade based on the risk, which is set. The use of this Excel file totally reduces the amount of Mathematics needed for proper risk management making many traders love this file. The file also allows traders to note down which trading strategy they used for the trade, the price at which the trade was entered, the stop loss for the trade, the amount of pips gained or lost and finally the amount of profit made or lost in monetary value, the file totally takes care of the mathematics of risk management so that you do not have to. This is a great tool and a great tutorial. Risk management software and excel purchase: https://187tradingstrategybuilder.com/order-form21168912 Website: http://www.trillionairestateofmind.com Join 187 Army: https://187tradingstrategybuilder.com/boot-camp Instagram: http://www.instagram.com/187army_fx Facebook: http://www.facebook.com/traderlifestyle187 If you have any questions please contact us. [email protected]
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Text Comments (6)
Han Kun Lua (3 months ago)
Your video was great,easy to understand .Can i have a copy of your risk management excel.my email addr is [email protected] tq.
corey thomas (3 months ago)
how can i get a copy of your excel risk management excel
corey thomas (3 months ago)
187 Army (3 months ago)
please send us an enquiry to [email protected]
187 Army (3 months ago)
How can we contact you sir?
corey thomas (3 months ago)
will be sharing you profile with people i know great profile

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