Online Forex Trading Course

#361: This Trade has a 14.6 Reward:Risk ratio

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Synopsis

 Podcast: This Trade has a 14.6 Reward:Risk ratio In this video: 00:29 – Selling the EUR/CAD on the Weekly chart 00:46 – I promote high reward:risk trades 01:33 – Money management is very important 02:32 – Low risk per trade is also important 03:39 – Trade with a 14.6:1 R:R profit target, currently at 6.4:1 R:R 06:16 – Understanding what you need to do in order to trade well I want to tell you all about a trade that I've got on my platform right now that has a 14.6:1 reward to risk ratio. Let's get into that and more right now. Hey traders, Andrew Mitchem here at the Forex Trading Coach with video and podcast number 361. Selling the EUR/CAD on the Weekly chart I want to talk about a trade that I've got on the weekly charts on the Euro/Canadian Dollar. We put it on our membership site on Monday. It has a 14.6:1 reward to risk ratio if it gets to its full profit target. More about that shortly. I promote high reward:risk trades But if you've been following me for any length of time, you know th