How to Calculate Risk for Every Forex Trade with Forex Coach Andrew Mitchem

In this detailed tutorial, Forex Coach Andrew Mitchem explains the crucial concept of equal percentage risk in forex trading. Discover how applying a consistent risk management strategy to every trade, regardless of the market conditions or currency pairs, can drastically improve your trading performance and protect your capital. Learn step-by-step how to use Andrew's lot size calculator to maintain balanced risk across all your trades.

https://theforextradingcoach.com - Episode #556: How Can You Profit from Understanding Forex Charts with Forex Coach Andrew Mitchem

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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.

Join Andrew Mitchem, the Forex Trading Coach, as he breaks down why equal risk on every trade is essential for long-term success in forex trading. This episode covers the benefits of a standardized risk approach and how it prevents significant account losses while allowing for consistent account growth. Get practical advice on implementing this strategy using a simple trading tool that calculates risk accurately for every trade.

Explore the importance of equal percentage risk with Forex Coach Andrew Mitchem in this enlightening video. Andrew discusses how consistent risk management across different trades and market conditions can lead to more predictable and stable trading outcomes. He also provides insights into how traders of all levels can utilize a lot size calculator to ensure each trade carries the same risk, enhancing overall trading discipline.

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