Thread: Risk Management - Beginner Resources

Hello everyone,

Writing articles is a time consuming process. I have been doing research and reading multiple books to provide these two pages of information on Forex trading. I am dedicated to providing information to the readers of my blog, and I hope these introduction articles will clear up a few doubts.

This is for beginners mostly. If you are just starting out, you may find important information I hint at in these tutorials/articles:

Introduction to trading the forex market:
http://www.authenticsociety.com/blog/OnlineForexTrading

Risk management, the 2% and 6% rules explained:
http://www.authenticsociety.com/blog...ement_2_6_Rule


I'm not sure what level of experience everyone is on this forum, but I would like to hear feedback on this. Corrections, if you can find anything out of place with the text, suggestions, edits or requests to add/clarify information are welcome.

hi there

you are right writing article is very time consuming. you are doing very nice job by sharing your knowledge of forex among all of us. I too created blog for new forex traders. You can check it in my signature...........Thanks Enjoy trading!

Very interesting post indeed. I just didn't understand the "till the end of the month part" for 6%
OK, I shouldn't trade more than 2% of my account. But what about the 6% ? Does this mean I shouldn't lose more than 6% of my account in a month ?

Very interesting links, enjoyed reading the articles especially about the risk management.

Originally Posted by gregsometimes

Hello everyone,

Writing articles is a time consuming process. I have been doing research and reading multiple books to provide these two pages of information on Forex trading. I am dedicated to providing information to the readers of my blog, and I hope these introduction articles will clear up a few doubts.

This is for beginners mostly. If you are just starting out, you may find important information I hint at in these tutorials/articles:

Introduction to trading the forex market:
http://www.authenticsociety.com/blog/OnlineForexTrading

Risk management, the 2% and 6% rules explained:
http://www.authenticsociety.com/blog...ement_2_6_Rule


I'm not sure what level of experience everyone is on this forum, but I would like to hear feedback on this. Corrections, if you can find anything out of place with the text, suggestions, edits or requests to add/clarify information are welcome.

Hello, I'm a beginner in matters of trades, but I wanted to tell you: THANKS A LOT for this information and links. You're helping me to keeping myself informed in a good way! greetings and thanks again.

Hello everyone I'm new here. I couldn't find an introduction section so here I am my name is Ruben and hopefully I can gain a lot more knowledge here.

I believe risk management is the biggest factor in Forex, I have been practicing with demo accounts and lost it all in the beginning of course because I had no risk management at all.

Ruben

Yes, thank you, it is valuable information.