01 / What you'll learnRisk management means deciding what you can afford to lose before you open a trade.
Understand risk→Choose small size→Set a plan→Review
Illustrative example: one step at a time, then check the broker's official contract details. 06 / Explain it simplyBasic Risk Management
Risk management means deciding what you can afford to lose before you open a trade.
07 / Everyday exampleA household budget sets limits before shopping. A trading plan sets a loss limit before an order, and it never uses money needed for essentials.
08 / MT5 exampleUse demo practice first. Check volume, stop settings, margin, and the broker's risk documents before any live decision.
DEMO ACCOUNTBasic Risk Management
Practice with Virtual money. No live order is required.
- 1Open your demo account
- 2Choose a symbol
- 3Open the order window
- 4Find the relevant field
- 5Enter a practice value
- 6Review before submitting
09 / Key takeaways- Never trade essential money.
- Small size does not remove risk.
- A loss limit is a plan, not a guarantee.
- Learning comes before partner selection.
10 / Common mistakeFocusing on possible profit while ignoring the amount that could be lost.
Mini quizWhat should come before a live trade?
Quiz progress is saved with this lesson when you mark it complete.