TTSU Module 9 Position Size / Money Management Test 1

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This is probably one of the most important sections of this training. Without this, we will not know how much we should be putting into our trades in order to stay within our risk parameters. What we mean by this is that before setting out to trade on the forex, we need to define exactly how much we are willing to risk in our trading, not only on individual trades, but overall over all our trades as well. Once we have done this, we need to work out how much we can buy or sell in a particular trade according to the amount of pips we are about to risk (this obviously depends on the individual trade)

Let's first cover position size/trade size. Position size is simply how much you buy or sell.


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