Share Trading Fundamentals
Course overview
6. Using risk management in share trading
While share CFD trading is potentially profitable, risk management strategies are crucial.
- Using stop-loss and take-profit orders to protect against emotion and greed
- Using money management to limit risk per trade
- Diversifying capital across different shares
- Avoid excessive leverage
Psychology is also crucial for staying disciplined, avoiding impulsive decisions, and managing expectations. Focusing on long-term consistency is essential. Find out more about Risk Management in Axi’s Risk Management course.
Quiz
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