How I Calculate Risk Using My Favorite Tool From Tradingview

[@TheCryptoTrader1]

fantastic video just wish i found this back couple months ago as this has dramaticaly improved my risk management thanks bro

[@1215DayTrading]

My pleasure. Thanks for watching the video!

[@merinh4409]

Thanks a lot for the clear explanation!

[@1215DayTrading]

You are very welcome. Thanks for commenting!

[@natureoneone]

Thanks for the video, man. :) Do you have more videos about risk to reward?

[@1215DayTrading]

You are very welcome! I have some risk management videos inside my free courses. You can find them on my KZbin channel or my website at 1215daytrading.com

[@Prayern123]

Thank you...you have earned your self a subscriber

[@1215DayTrading]

I appreciate it!

[@martinosenski7493]

super helpful, thank you!

[@1215DayTrading]

thanks for watching!

[@beanrkar]

thank you, you're the only one who explained whai I was looking for. Other were just explaining Ticks. I want to have control and by Ticks. So thank you again.

[@1215DayTrading]

Glad the video helped! Thanks for commenting!

[@mikhail3747]

Awesome video as always.

[@1215DayTrading]

Thanks!

[@CandleMcMurphy]

Nice thanks

[@mitsufisher9979]

Great video, very helpful, thank you.

[@1215DayTrading]

Thanks for the feedback!

[@zbelt]

Man I love you !!! I started my trading knowledge from your playlist of beginner trading Now I trade Options Futures Forex Commodity Wow, it all has been a journey!! I’m so glad and proud of you sticking with just trading stocks on spot price which has minimum risk You’re a good guy God bless !!

[@1215DayTrading]

Thanks for the comment and letting me know about your trading journey. Wishing you the best!

[@nastynate5633]

This video only needs to be 2 minutes, speed it up man!

[@Prayern123]

Why?????

[@chvydrptop]

So in your example, on the stop it shows 0.28 (4.09%) 28, Amount:900. Assume the stop is 4.09% but what about the rest of info?

[@1215DayTrading]

What info are you wanting to know?

[@chvydrptop]

@@1215DayTradingjust wondering what the other numbers stand for on the stop for example. $900 the loss amount if stop is hit? Don't use TV but the tool looks a bit complicated. Thanks

[@1215DayTrading]

@@chvydrptop ah I see . The 1st number is the difference between your entry and stop. In the example you gave it would be 28 cents. The 2nd number in parentheses is the percent at risk (4.09%) and the third number is your account size balance after the stop is hit (900). So for this example, I had it set to a 1000 account balance and I was risking $100. You can change your account size balance in the settings when you right click the tool. Its the same concept for the take profit portion of the tool as well (the green box)

[@chvydrptop]

thank you, now that makes sense!

[@trenza2566]

3:45 is that a smoke detector

[@1215DayTrading]

@@trenza2566 ha no, that’s my battery backup for my desktop beeping. Good ear tho. I can hardly hear it 😁

[@trenza2566]

@@1215DayTrading didn't expect a replly, yet so quickly, i will take the opportunity to ask if you have any guide on exit strategies on cfds

[@DanielOjong-bw8hp]

Ur screen is not clear