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118. Win Rates & Risk-Reward: Your Guide to Smarter Forex Trading
Manage episode 462286380 series 3517728
We’ll cover:
- What win rates are and why they matter.
- How to calculate and use risk-reward ratios effectively.
- The importance of balancing win rates with risk-reward ratios.
- Why tracking your trades and paper trading are must-do steps for beginners.
- Advanced tips like factoring in probabilities to refine your edge.
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.
132 episodes
Manage episode 462286380 series 3517728
We’ll cover:
- What win rates are and why they matter.
- How to calculate and use risk-reward ratios effectively.
- The importance of balancing win rates with risk-reward ratios.
- Why tracking your trades and paper trading are must-do steps for beginners.
- Advanced tips like factoring in probabilities to refine your edge.
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.
132 episodes
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