Forex · Level 3

Risk Management Essentials

Size trades, set stops and protect your account

Learn how to size positions, place stop-losses, use risk-reward maths, control leverage and manage drawdowns and trading psychology.

1. Module 1. Position sizing and stops

   • The 1% rule and risk per trade3 min
   • Calculating position size from stop distance3 min
   • Placing stop-losses sensibly3 min
   • Risk-reward ratio and win rate3 min
   • Module quiz · 5 questions · pass 70%Sign up to take quiz

2. Module 2. Protecting your account

   • Drawdown and why recovery is hard3 min
   • Leverage: effective vs available3 min
   • Trading plans and journals3 min
   • Psychology: revenge trading, overtrading and FOMO3 min
   • Module quiz · 5 questions · pass 70%Sign up to take quiz