STEP 5
RISK MANAGEMENT
The most important factor in becoming a profitable trader is Risk Management. It is very important that you learn to control your risk properly, as it can be the difference between trading profitably or making losses. We have created a very comprehensive Risk Management Spreadsheet which will help you to control this. The Spreadsheet can be found within the Research tab of the member's area, under "Additional Resources". You will find a video within the User Guides teaching you how to use this Spreadsheet. In addition, there is a section within the E-Work book highlighting this. It is very important you learn how to use this tool, and utilise it by placing trades with the correct risk management applied to each one. It is important to keep trading in this manner for a few days, so that you are comfortable with this, because this will be one of the most important tools to compliment your trading going forward.