Why you should never risk ‘x’ number of pips per trade

Podcast:

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#557: Why you should never risk ‘x’ number of pips per trade

In this video:
00:30 – Every trade you take should have the same percentage risk.
01:49 – Use my lot size calculator.
03:20 – Your losses are equal on every trade.   
04:17 – Compounding on your gains.
05:10 – A 90% winning trader who loses money.
06:05 – View my Masterclass.
06:24 – Book a call to chat with us.
06:32 – Blueberry Markets as a Forex Broker.

Today, I’m going to explain why every trade that you take should have an equal percentage risk of your account. It’s really important you get this right and it will massively help improve your trading performance. So let’s get into that a more right now.

Hey traders! Andrew Mitchem here at The Forex Trading Coach. with video on podcast number 557.

Every trade you take should have the same percentage risk.

So today I’m going to explain to you why every single trade that you take, regardless of the currency pair or the direction or even the market or what time frame you take the trade