Using stops and limits to manage risk
In this course we look at the practical side of risk management – how you can use stops and limits to add discipline to your trading, and ultimately look to improve your profit-to-loss ratio.
You’ll discover tips for where to put stop and limit orders, and how to set them in the IG platform. All demonstrated with examples and screenshots.
For a more elementary look at how stops and limits work, try the ‘orders, executions and leverage’ course. For in-depth advice about calculating your maximum risk per trade, and risk-reward ratios, take a look at ‘ways to manage risk: part 2’ in the ‘planning and risk management’ course, and the ‘understanding risk and reward’ course.