EPISODE · Sep 4, 2024 · 14 MIN
101. Minimising Losses in Forex Trading
from Let’s Talk Forex with Alison and Chris · host FxScouts
This week Alison and Chris discuss a subject on every trader's mind: How to minimise losses. Everyone knows how to set a stop loss, but protecting your trading capital requires so much more. Tune in to hear Chris and Alison's advice on risk management, psychological discipline, adaptability, and how to use all the tools at your disposal. Watch the video version of this podcast here: https://bit.ly/3BcdW59 FxScouts DISCLAIMER: 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.
What this episode covers
This week Alison and Chris discuss a subject on every trader’s mind: How to minimise losses. Everyone knows how to set a stop loss, but protecting your trading capital requires so much more. Tune in to hear Chris and Alison’s advice on risk management, psychological discipline, adaptability, and how to use all the tools at your disposal. FxScouts DISCLAIMER: 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.
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101. Minimising Losses in Forex Trading
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