Understand when to utilize a limit order, and when to utilize a market order. There are major distinctions between each, and your choice will depend on the strategy you’re trading, your personal trading style, and more. In this lesson you will learn when and how to use both limit and market orders effectively.
As traders, we are professional risk managers and therefore, it is our job to eliminate as much risk as possible. This can be done in various ways, such as risking only 1% of our account size, being cautious of correlation risk, position sizing correctly and more.
In this lesson, Irek explains why the 1% rule is the most important risk management technique that we have within Trading MasterClass. Oftentimes traders will blow their entire accounts because they risk too much. Follow the 1% rule that Irek explains in this lesson, and only scale up to 2% risk ...
Capital partitioning is optional.
In simple terms: You have $50,000.00 worth of capital. You put $25,000.00 of that into your trading account, and the other $25,000.00 into a safe, liquid investment. You then risk 2% on each trade. This means you’re only risking half of the account, but tradin...
