The ABCD and the Three-Drive
With the Fibonacci retracement tool, making pips can be as easy as A-B-C. Seriously!
With the Fibonacci retracement tool, making pips can be as easy as A-B-C. Seriously!
Before you can calculate a single position size, you need to understand what you're actually solving for. And why getting it wrong is the fastest way to blow a trading account.
You know what leverage can do to an account. This lesson is about what to do instead. Specific numbers. Actual formulas. A framework you can use before every single trade.
Learn the one calculation that turns your risk percentage into an actual trade size, why getting this wrong means your stop loss is just a number on a screen, and how to do it correctly every single time.
Your trade is perfectly set up. Then a central bank appears and moves the market 300 pips in the wrong direction in minutes. Learn what currency intervention is, how to spot it coming, and how to manage risk when a central bank decides it doesn't like where the price is.
Congratulations on finishing BabyPips.com's School of Pipsology!
A margin trading scenario where the Margin Call Level is 100% and no separate Stop Out Level.
A margin trading scenario that involves a losing trade using a broker with a Margin Call Level at 100% and a Stop Out Level at 50%.
What happens if you open a trading account with just $100?
Hard work beats talent when talent doesn’t work hard.Tim Notke