This video showcases how to use proper risk management by using the Kelly Criterion. Do you want to trade like a retail or professional trader? This video highlights both methods strengths and weaknesses. (Here is the Kelly Criterion calculator – http://fxhelpline.com/forex-kelly-calculator.php)
Timeframes:
How most traders trade: 1:00
Professional Traders: 3:55
Kelly Criterion example: 5:00
Kelly Criterion Visual: 7:40
Kelly Criterion Calculator: 8:11
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Disclaimer: The content covered in this video is NOT investment advice and I am not a financial advisor. The material covered within these videos is for educational purposes only. Always do your own research and only invest based on your own findings and personal judgment. Happy Trading!
