If you want more content in regards to risk to reward ratio and a proper plan how to scale up your trading business, please watch my video: "How To Make Your First $100.000 In Trading (Realistic Case Study)" This is very helpful and I used the same methodology my entire trading career.
bro, it’s not a lack of risk management it’s not a lack of psychology. It’s a lack of a profitable system with edge. I know you do a paid service but is there any way you can do a video on a simple strategy that you may not use that has been profitable for you in the past that us, your viewers can go in back test and then apply risk and psychology
I’m two months into my journey, and I’m dedicating myself to just studying and understand the right way to do this. You are one of the best and I plan on learning as much as I can from you.
Whatever u do don't start strategy hopping. Get to know how u manage your emotions in the ups and downs and if your a fast paced person of slow paced person that'll help you decide the right system for you in the longterm
OMG! I needed this! Thank you so much. The amount of videos I've been watched regarding Risk Management, this is hands down the best and made a lot of sense, no BS. We need someone like you in trading industry, someone who understand and not spewing BS. Glad I stumbled upon your channel, and instantly subscribed!
Pure gold. Thank you, Bernd. I'm not sure if my thoughts have any value since you are a pro, and I'm just an amateur. But I see that a fix R has advantages and disadvantages not mentioned in your video. One advantage is the following: when your equity is growing up, your risk per trade is decreasing. One disadvantage is that when your equity is decreasing, your risk per trade is increasing because your balance is less than the initial deposit, but your R is fixed. The other disadvantage is that when you are increasing your account, the ROI is less than the fixed percetage ROI. The advantages I see in the fixed percentage rule are that you can earn more money when you are winning, and when you are losing, you are decreasing your risk per trade. The fixed percentage has the ability to adapt to both scenarios, winning and losing. Thank you for reading.
Thank you for your valuable comment Carlos! Whatever works best for you in your trading. I made another video on that topic. Shared it in my pinned comment. Maybe you like it as well if you haven’t watched it yet.
Once again in a single video you have shown me a couple of key things which totally flipped my thinking so thank you ! I have been counting pips for the last few years ( which i see was my big peoblem) and also i never really really thought about it but yes your right. Everyone's situation in life is different. I need to trade to my current financial situation at the moment and not try and trade like other youtubers. Bernd the risk management advice was amazing. I am going to take that approach of risking a set $$ amount related to my current situation and that will help me to stop looking at the charts all day and night. Thank you so much for your advice.
Thank you for this,I'm subscribing,never understood why profitable traders kept their money risk consistent for years even when their accounts tripled in size
Good Morning Bernd- Its clear based on your kind responses that you confident with you indictors and A1 forecasting , skillset and a proven track record. Impressive and reassuring
Thank you, please have any additional conversation and questions in regard to the Campus with my team. My CZcams video comment section is obviously not the right place for that. Thank you very much.
So I'm trading on demo account and in the meantime learning, planning and setting aside some money for actual trading. I will still go with the 1-2% rule until I get some experience and then re evaluate the situation, but I am in no hurry. I have just read Trading in the zone and it resonated strongly with my overall approach to life. Glad to have found your channel. I believe I will find my way with your guidance, so thanks for being, haha. By the way, are you by any chance of polish descent? 🤩
Thank you Bernd for the advice, I am new to trading and the truth is that the information you provide in your videos helps me a lot to understand this world of trading a little better.
Great video once more so much knowledge as usual, pls kill the music in the background next time sir, I know many editors think it makes the video entertaining but its actually very irritating especially when we are trying to get such relevant information
You don't need to totally kill it but you can tell the editor to lower the volume level on it a little so your voice comes out clearer. :)@@berndskorupinski
Sir love your video❤ I just want to know how many RR on average per month is enough for full time trader? And how many RR can you achieve on average per month?
This content is insane mate and only 30k subs! I’m sure all the advice u give will change my trading, my worst trait is being too impulsive and over risking when I loose , but I’m going to come back stronger and overcome this with the help of ur content , all the best bro
Thank you for this, I've been thinking in Rs since I heard from you! It really helps with emotions since it shifts the focus from the amount I risk... little detail I thought it can be extended to % risk? Can't find the PDF and the site of the guy doesn't have it anymore (RIP). I get the rationale behind the fixed amount now tho, great explanation 🤓🙏 ps. can't drop a bomb like "there are better places to keep your money" and then move on like that 😅
Yeah as you see $R makes way more logical sense in a margin account using leverage. For me only in a prop trading account %R makes sense but even there traders could (and maybe should) apply $R
Hi Bernd .. Students interviewed were very interesting and refreshing... I like how u have provided thier personal contact details....I only wish u we're around in 2016 ... I'm looking to take this course in September so is it worth having a phone now or then ? I'm self employed and run 3 businesses and my time is absolutely critical...plus I'm starting my art career over 3 days per week too , I'd prefer long term set and forget traders and less involvement the better .. Thanks
Hi Khalid. Everything we offer is LIFETIME. So it doesn’t matter when you start you have access to our entire ecosystem forever. Only book a call once you are ready to start. All the best for your businesses 💪💯
@@berndskorupinski ich finde deine Videos genial, hab heute fast alle angeschaut und bin gerade noch beginner Level. Ich lerne gerade ein bisschen mit Crypto Futures auf einer Platform. Mein Ziel ist es auch ernsthaft ein full time trader zu sein. Währe dein Campus Programm gut für mich zum anfangen? Danke nochmal!
Hi, I would like to ask what type of challenue you have with FTMO. Is it a swing account or a normal account? I would like to hear your opinion before buying which account is better to start with and does the swing account make me have to spend more time to pass the challenege doing the same transactions on the normal account? Best regards Dawid
I watched this series from FundedNext when you invested in Platinum. I thought it took more time because the leverage was smaller. I need to watch the series from FundedNext again.... Bernd are all your accounts swing type? Thank you for being active and helping your community. I have a "very interesting situation" in my life and have asked advice from many of my previous mentors and they would not listen to me and give valuable advice...You are a cool guy!@@berndskorupinski
Similar to betting on red or black. Roulette is the same game, since you're not about to invested years and study the owners of companies you gamble on. You're just going with the herd, and we all know the herd if filthy rich. Bet it all on red, your risk of $100 will be $200 in under 5 minutes. No trading fees.
So I risk 300 to make 300 in futures market I have one strategy London session open and then I trade the New York session using London session as support or resistance is this any good ?
Sir can you please suggest me any prop for 5k or 10k challenges? I am very afraid of prop firm cause I afraid to lose my fee amount of money. I practice myself to use ftmo free challenges and now I have much better confidence and your motivation and honestly is my power.
Prop firms are not pointless at all coming from someone who is ftmo all time record holder, managing now $4M in prop firm capital…use ftmo if you are already using their demo…I don’t recommend prop firms, since I am not affiliated with any of them.
If risk reward ratio system is the best for trading, where do people need these 50k funded accounts with these different drawdown rules and time rules when you can simply fund your own account with 2000$ and risk 150$ per trade so you can at least lose 10 trades comissions included. Am I missing something here? Of course 50k account costs you only 200$ vs you lose that 2000$ but it is so much freedom with that own money than funded money. Also like you can’t really risk more than 1% of your total account balance with these prop firms because drawdown limit will most likely hit if you lose 10 trades and even earlier if prom firm uses trailing drawdown limit.
And maybe eventually that 2000$ will come cheaper than this prop firm stuff because if you are not really good trader when you try to pass these prop firm challenges again and again lol. If you want to train then do demo only it is that simple. Ps 50k account drawdown limit is often 2500$ between prom firms so risking 200$ is pretty much reasonable if you include comissions so after all you can lose that same 10 trades.
you answered your own question. Simple: if you have your own account with 2k…you will wipe out your 2k. This is what happens in the real world. Prop trading you lose the 150usd, that’s it.
I noticed that News does not concern you which is quite interesting. Surely you would wait for the news to surpass before you went to the trade? In addition, I understand that you trade daily and the four hour for the swing Trader . so for execution purpose do you enter on the 60 minutes using limit orders ? Also, I personally can only trade London market Is it still possible as I will miss opportunities in the US session?
Thank you .. This demonstrates your confidence in your indicators and skill set .well done .. My goal is not account size or lot size but to be a consistent trader with quality trades only .. once this is attained i only turn trade live .. I'm in no to make more mistakes
Thank you .. This demonstrates your confidence in your indicators and skill set .well done .. My goal is not account size or lot size but to be a consistent trader with quality trades only .. once this is attained i only turn trade live .. I'm in no to make more mistakes
I'm struggling to see the difference tbh. Are we talking about always risking 1% even as your account grows? Because risking the same $ amount is the same as risking a consistent %. Like for me on a 100k account, I'm risking 1% ($1000) and even if i make more profit I'll keep risking that 1% (of my original account size)
And plus tolerance is different between individuals im okay with risking $100 - $200 of a 1k account while you might only tolerate $10-$50 but if we did the 1% then it hinders me from growing the way I should
dollar amount. if you have a Sl off 100 and risk $1 you loss 100, if your stop was 200 pips, you lose 200. with % you loss the same amount every time. i guess with dollar amount you have bigger swings in your account
@@berndskorupinski if you risk 1%. everytime if you lose you will lose 1%. it does not matter if your stoploss is 100 pips or 200 pips. you lose 1% id you used dollar amount if you rsik 1dollar. if your stoploss is 100 pips you lose $100, if your stop loss was 200 pips you lose $200, right.
I only trade eod off daily and weekly chart and with stop losses that can be as wide as 400 pips, it would be criminal to trade that with fixed risk. I usually hold trades for 10-45 days. My goal isn't to time the market, it's to have time in the market that you're rewarded for and to make trading fit into my lifestyle. The profits will be silly with fixed risk as you can start to imagine how some volatile moves fail to reward you as much as lesser ones might. Measuring performance in R's will not make sense with my trading style either.
Then I don’t believe you have a very profitable trading style. And I am sorry, have never heard the phrase: “my goal is NOT to time the market”…sorry but this is super unprofessional. Anyway you are entitled to do whatever you do and I wish you all the best
![My Exit Strategy On US30 And XAUUSD - True Forex Funds Challenge [Week 4]](http://i.ytimg.com/vi/7wmGdRcby1c/mqdefault.jpg)
If you want more content in regards to risk to reward ratio and a proper plan how to scale up your trading business, please watch my video: "How To Make Your First $100.000 In Trading (Realistic Case Study)" This is very helpful and I used the same methodology my entire trading career.
bro, it’s not a lack of risk management it’s not a lack of psychology. It’s a lack of a profitable system with edge. I know you do a paid service but is there any way you can do a video on a simple strategy that you may not use that has been profitable for you in the past that us, your viewers can go in back test and then apply risk and psychology
@@avono5330look at my strategy playlist. You can apply the GLOBEX TRAP strategy, mainly used for day trading.
You cannot see another trader who is both so successful and humble. Thank you, Bernd, for your generosity in sharing information.
Thank you for that amazing comment! Love to share value 💯💙
I’m two months into my journey, and I’m dedicating myself to just studying and understand the right way to do this. You are one of the best and I plan on learning as much as I can from you.
Thank you for the compliment 🙏 more valuable content will come! Guaranteed! All the best on your journey 💯📈
Whatever u do don't start strategy hopping. Get to know how u manage your emotions in the ups and downs and if your a fast paced person of slow paced person that'll help you decide the right system for you in the longterm
Fully agree 💯
@@Stephen.Giovanni Excellent advice. I wish someone told me this when I first started. I wasted so much time hopping from one strategy to the next.
How is it going so far???
Finally a trader who doesn’t push the 1% rule down our throats and knows risk is subjective
Yea 1% sucks 😂
@@berndskorupinski agreed 😂
Risk 1% and if you lose then you risk 0.5% and if that’s also a loser just simply risk 0% on your next trade. Ahhh the relief is here. No more pain 😂
Amazing content Bernd! There’s no substitute for experience, but having excellent R/R makes this quite easy and rewarding! :)
Full agree! Thank you for your nice comment!
OMG! I needed this! Thank you so much. The amount of videos I've been watched regarding Risk Management, this is hands down the best and made a lot of sense, no BS. We need someone like you in trading industry, someone who understand and not spewing BS. Glad I stumbled upon your channel, and instantly subscribed!
Thank you for your sub first of all! And I am always so happy when my videos have a big impact for others. Makes me really happy!
Pure gold. Thank you, Bernd. I'm not sure if my thoughts have any value since you are a pro, and I'm just an amateur. But I see that a fix R has advantages and disadvantages not mentioned in your video. One advantage is the following: when your equity is growing up, your risk per trade is decreasing. One disadvantage is that when your equity is decreasing, your risk per trade is increasing because your balance is less than the initial deposit, but your R is fixed. The other disadvantage is that when you are increasing your account, the ROI is less than the fixed percetage ROI. The advantages I see in the fixed percentage rule are that you can earn more money when you are winning, and when you are losing, you are decreasing your risk per trade. The fixed percentage has the ability to adapt to both scenarios, winning and losing. Thank you for reading.
Thank you for your valuable comment Carlos! Whatever works best for you in your trading. I made another video on that topic. Shared it in my pinned comment. Maybe you like it as well if you haven’t watched it yet.
Once again in a single video you have shown me a couple of key things which totally flipped my thinking so thank you ! I have been counting pips for the last few years ( which i see was my big peoblem) and also i never really really thought about it but yes your right. Everyone's situation in life is different. I need to trade to my current financial situation at the moment and not try and trade like other youtubers. Bernd the risk management advice was amazing. I am going to take that approach of risking a set $$ amount related to my current situation and that will help me to stop looking at the charts all day and night. Thank you so much for your advice.
That’s the way to go bro 👊💯☝️
You have a natural talent for simplifying explanations and making things easy to understand for beginners. Great video Bernd!
That’s my goal! Thank you for your nice comment!
This video is exactly what i need about risk management. i been stuck with 1% rule for long time and start questioning this rule. thank you sir
I'm glad the video was helpful for you!
Thank you for this,I'm subscribing,never understood why profitable traders kept their money risk consistent for years even when their accounts tripled in size
Thx for the sub! Hope I clarified a few things 💯
I love what u do for us bernd, I literally watched all ur videos, sometimes twice.. thanks for all u do and I’ll meet u on the top one day
That’s a huge compliment! Thanks a lot. Looking forward to seeing you on the top 💯📈
Thank you for this amazing video Bernd! Got my call booked, excited to join the Campus and finally take my trading to the next level🙏🏽❤️
Amazing 🤩 Looking forward to welcoming you at our Campus soon 💯📈💙
Good Morning Bernd- Its clear based on your kind responses that you confident with you indictors and A1 forecasting , skillset and a proven track record. Impressive and reassuring
Thank you, please have any additional conversation and questions in regard to the Campus with my team. My CZcams video comment section is obviously not the right place for that. Thank you very much.
@@berndskorupinski No problem...Im currently with covid and bed bound so im watching most of your videos instead!!!
Get well soon 💙🙏
Sometimes it's just too obvious and simple that we can't trust it. Thank you Bernd
Yes true, money & risk management is actually quite simple…no need to over complicate things with extensive excel files 😂
God bless your family, and thank you for educating the truth always comes out!
Your blessings mean a lot to me and my family. Thank you for being a part of this journey!
So I'm trading on demo account and in the meantime learning, planning and setting aside some money for actual trading. I will still go with the 1-2% rule until I get some experience and then re evaluate the situation, but I am in no hurry. I have just read Trading in the zone and it resonated strongly with my overall approach to life. Glad to have found your channel. I believe I will find my way with your guidance, so thanks for being, haha. By the way, are you by any chance of polish descent? 🤩
God has sent you to our rescue. You actually speak facts with passion.
I will always speak facts! ☝️💙
Thank you Bernd for the advice, I am new to trading and the truth is that the information you provide in your videos helps me a lot to understand this world of trading a little better.
That’s always my goal! Thank you for the great comment 💙🙏
Thank u so much....i'm new learners, wish get some knowledge with positive vibe....❤🎉
Welcome aboard! I'm glad you're here to learn and share positive vibes!
Thanks again bern, I’ve asked myself the same questions.
Also great video you got an amazing editor
Hehe I ll let my editorial team know! Thank a lot 💯🙏
Great video once more so much knowledge as usual, pls kill the music in the background next time sir, I know many editors think it makes the video entertaining but its actually very irritating especially when we are trying to get such relevant information
Thanks for the info. I assume it’s subjective. I like the music 😄
You don't need to totally kill it but you can tell the editor to lower the volume level on it a little so your voice comes out clearer. :)@@berndskorupinski
Sir love your video❤ I just want to know how many RR on average per month is enough for full time trader? And how many RR can you achieve on average per month?
2 per month. 24 per year. On average. That’s your target.🎯
This content is insane mate and only 30k subs! I’m sure all the advice u give will change my trading, my worst trait is being too impulsive and over risking when I loose , but I’m going to come back stronger and overcome this with the help of ur content , all the best bro
Thank you Josh! Hope the channel will grow soon 😁🚀
@@berndskorupinski keep going, I’m sure it will!
Thank you for this, I've been thinking in Rs since I heard from you! It really helps with emotions since it shifts the focus from the amount I risk... little detail I thought it can be extended to % risk? Can't find the PDF and the site of the guy doesn't have it anymore (RIP). I get the rationale behind the fixed amount now tho, great explanation 🤓🙏 ps. can't drop a bomb like "there are better places to keep your money" and then move on like that 😅
Yeah as you see $R makes way more logical sense in a margin account using leverage. For me only in a prop trading account %R makes sense but even there traders could (and maybe should) apply $R
@@berndskorupinski I'll give that a go!
Good video about risk management, although I was hoping the video would go into more depth in risk and money management rule.
Check my pinned comment.
Hello bernd, great video on risk management.
Do you personally hold trades over the weekend?
Yes aaaallllwaaaaaays
Thanks Bernd Love from Pakistan
Thank you for your support from across the globe!
always precious your advices and tips!
Thank you 🙏
Love your work. Thank you
Much appreciated 💙🙏
Wow!
I'd have to watch this video one more time
Wow, thanks that’s the best compliment
@@berndskorupinski Yes! You made a lot of sense on the risk management topic
Amazing video Bernd! You are a master.
Oh thank you Garland 🙏 this coming from another big trader means a lot 💙
make a trading desk setup tour
Hi Bernd ..
Students interviewed were very interesting and refreshing... I like how u have provided thier personal contact details....I only wish u we're around in 2016 ...
I'm looking to take this course in September so is it worth having a phone now or then ?
I'm self employed and run 3 businesses and my time is absolutely critical...plus I'm starting my art career over 3 days per week too ,
I'd prefer long term set and forget traders and less involvement the better .. Thanks
Hi Khalid. Everything we offer is LIFETIME. So it doesn’t matter when you start you have access to our entire ecosystem forever. Only book a call once you are ready to start. All the best for your businesses 💪💯
Thanks Bernd a lot -
You are welcome 🙏
Thank you for this great content. I have subbed and will be back for more.
I want to learn and master discipline in trading!
Thanks for subbing 💙🙏
great info!
Most welcome 🙏
Interesting ❤
Danke Bernd 👍
Gerne 🙏
@@berndskorupinski ich finde deine Videos genial, hab heute fast alle angeschaut und bin gerade noch beginner Level. Ich lerne gerade ein bisschen mit Crypto Futures auf einer Platform.
Mein Ziel ist es auch ernsthaft ein full time trader zu sein. Währe dein Campus Programm gut für mich zum anfangen?
Danke nochmal!
@orkhankiloglu7870 mein Program ist für jeden geeignet wenn es finanziell möglich ist.
thank u
You're welcome!
Hi, I would like to ask what type of challenue you have with FTMO. Is it a swing account or a normal account? I would like to hear your opinion before buying which account is better to start with and does the swing account make me have to spend more time to pass the challenege doing the same transactions on the normal account? Best regards Dawid
Swing only. Why you think swing would take longer to pass? Misconception! Have you watched my FundedNext Documentary?
I watched this series from FundedNext when you invested in Platinum. I thought it took more time because the leverage was smaller. I need to watch the series from FundedNext again.... Bernd are all your accounts swing type? Thank you for being active and helping your community. I have a "very interesting situation" in my life and have asked advice from many of my previous mentors and they would not listen to me and give valuable advice...You are a cool guy!@@berndskorupinski
Similar to betting on red or black.
Roulette is the same game, since you're not about to invested years and study the owners of companies you gamble on.
You're just going with the herd, and we all know the herd if filthy rich.
Bet it all on red, your risk of $100 will be $200 in under 5 minutes. No trading fees.
Betting on red or black might work in roulette, but investing requires a bit more strategy. Let's aim for long-term gains!
Thx
💙
Make more videos about your campus tools , indicators etc.
Check the video description please. 1.4h webinar about the tools
Killer trading method! Where? How? Name? Suggestion please!
My method 💯😆
@@berndskorupinski Name? Type? Struggling for last 2 years!
In the Video description you find all my info and educational material.
Very good info
Thanks
Welcome
I was up 90% which is 900 from 500 and I just blew it kept putting on bigger sizes and closing 😢
Sorry to hear 🙄😐
What is the best way to withdraw from FTMO? SKRILL OR CRYPTO ON BINANCE?
Whatever YOU prefer 🤷🏼♂️
@@berndskorupinskifor values above 20k, 30 e 50k dólar? What withdrawal method do you use?
Do you have a Swing or normal account on FTMO - you seem to mainly swing trade
Swing
Do you still have Live Trading Content? Just wondering because the calender on your Website is empty.
No
So I risk 300 to make 300 in futures market I have one strategy London session open and then I trade the New York session using London session as support or resistance is this any good ?
You want me to elaborate on your strategy in the CZcams comment section?
Sir can you please suggest me any prop for 5k or 10k challenges? I am very afraid of prop firm cause I afraid to lose my fee amount of money. I practice myself to use ftmo free challenges and now I have much better confidence and your motivation and honestly is my power.
Just use your own money and risk 10% its the same. Prop firms are pointless if you did the math.
Prop firms are not pointless at all coming from someone who is ftmo all time record holder, managing now $4M in prop firm capital…use ftmo if you are already using their demo…I don’t recommend prop firms, since I am not affiliated with any of them.
@@shichilaofarisk 10% ? Please let professionals advise him
What’s the best to risk for a trade in a prop challenge
Please watch my how to pass a ftmo challenge video. I explain everything there.
@@berndskorupinski kannst du es verlinken ich weiß nicht welches du genau meinst
@Ytprm16.06 ist in der FTMO playlist vom Channel.
If risk reward ratio system is the best for trading, where do people need these 50k funded accounts with these different drawdown rules and time rules when you can simply fund your own account with 2000$ and risk 150$ per trade so you can at least lose 10 trades comissions included. Am I missing something here? Of course 50k account costs you only 200$ vs you lose that 2000$ but it is so much freedom with that own money than funded money. Also like you can’t really risk more than 1% of your total account balance with these prop firms because drawdown limit will most likely hit if you lose 10 trades and even earlier if prom firm uses trailing drawdown limit.
And maybe eventually that 2000$ will come cheaper than this prop firm stuff because if you are not really good trader when you try to pass these prop firm challenges again and again lol. If you want to train then do demo only it is that simple. Ps 50k account drawdown limit is often 2500$ between prom firms so risking 200$ is pretty much reasonable if you include comissions so after all you can lose that same 10 trades.
you answered your own question. Simple: if you have your own account with 2k…you will wipe out your 2k. This is what happens in the real world. Prop trading you lose the 150usd, that’s it.
Ah freut mich ich dachte schon immer das du Deutsch sprechen kannst 😊
Ja 😄💙
Risk Reward Ratio 1/2 Good..Or..Not..Please..Reply..brother..?..
It's good 👍
🔥🔥
💙💯
I noticed that News does not concern you which is quite interesting. Surely you would wait for the news to surpass before you went to the trade? In addition, I understand that you trade daily and the four hour for the swing Trader . so for execution purpose do you enter on the 60 minutes using limit orders ? Also, I personally can only trade London market Is it still possible as I will miss opportunities in the US session?
I don’t trade any session. Nothing above I care about at all. Daily is execution. SET AND FORGET. News I don’t care at all!
@@berndskorupinski fascinating!! So you trade like proprietary traders ? It appears that have disclosed the secret sauce of hedge funders
@khalidrashid3838 I trade like me, nobody else trades like that. Guaranteed 😁
Thank you ..
This demonstrates your confidence in your indicators and skill set .well done ..
My goal is not account size or lot size but to be a consistent trader with quality trades only .. once this is attained i only turn trade live .. I'm in no to make more mistakes
Thank you ..
This demonstrates your confidence in your indicators and skill set .well done ..
My goal is not account size or lot size but to be a consistent trader with quality trades only .. once this is attained i only turn trade live .. I'm in no to make more mistakes
duro
I'm struggling to see the difference tbh. Are we talking about always risking 1% even as your account grows? Because risking the same $ amount is the same as risking a consistent %. Like for me on a 100k account, I'm risking 1% ($1000) and even if i make more profit I'll keep risking that 1% (of my original account size)
But that’s ok, just means you might have a lot to learn! It’s not the same at all…but all the best for your trading 💯🙏
Yea you chose a 100k account which you most likely do not have cause the 1k sounds nice but if you had a $500 $1000 account 1% is not that good
And plus tolerance is different between individuals im okay with risking $100 - $200 of a 1k account while you might only tolerate $10-$50 but if we did the 1% then it hinders me from growing the way I should
And if you make a withdrawal not you (the one using %) has to use a smaller amount vs me I’ll keep risking my $100 -$200
Who is your edtior?
Why?
Size really does not matter sir 😂❤
That's what she said! 😄
@@berndskorupinski yes
😢
dollar amount. if you have a Sl off 100 and risk $1 you loss 100, if your stop was 200 pips, you lose 200. with % you loss the same amount every time. i guess with dollar amount you have bigger swings in your account
Sorry don’t get your calculation…
@@berndskorupinski if you risk 1%. everytime if you lose you will lose 1%. it does not matter if your stoploss is 100 pips or 200 pips. you lose 1% id you used dollar amount if you rsik 1dollar. if your stoploss is 100 pips you lose $100, if your stop loss was 200 pips you lose $200, right.
I only trade eod off daily and weekly chart and with stop losses that can be as wide as 400 pips, it would be criminal to trade that with fixed risk. I usually hold trades for 10-45 days. My goal isn't to time the market, it's to have time in the market that you're rewarded for and to make trading fit into my lifestyle. The profits will be silly with fixed risk as you can start to imagine how some volatile moves fail to reward you as much as lesser ones might. Measuring performance in R's will not make sense with my trading style either.
Then I don’t believe you have a very profitable trading style. And I am sorry, have never heard the phrase: “my goal is NOT to time the market”…sorry but this is super unprofessional. Anyway you are entitled to do whatever you do and I wish you all the best
Is Sarah off today please
It’s Friday 8pm in Dubai. Monday we reopen.
finally you end up giving mostly theories , for a beginner watching your video doesnt give any of truly practical tips.
For practical tips you can watch another channel. I cannot do everything on my channel.
SO to your editor🦾👏🏻