Understanding Percent Risk with IND: A Key MT4 Tool for Traders

Mike 2021.05.14 22:41 21 0 0
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INTRODUCTION:

If you're new to trading, you might be finding it tough to stay afloat. A lot of rookie traders struggle because they overlook the importance of calculating risk in percentages. Shifting your focus to percentages is a game changer; it helps you manage your trading account, whether it's a small or large one. By adopting this perspective, you'll start treating your smaller accounts with the same seriousness as the big ones.

 

THE STORY BEHIND THIS TRADING TOOL:

The motivation behind creating this trading tool was to instill a solid trading habit: always think in terms of percentages instead of just dollar amounts. This mindset enables you to manage smaller accounts effectively, making the transition to larger accounts much smoother.

 

HOW TO USE IT:

To get a better understanding of how to use this tool, check out the video below:

 



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