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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Trade planning and risk management

Course overview

Description

Ask any successful trader for their top tips, and you can be sure one of them will be to stick to a clear trading strategy. Here we explain the tools and techniques you can use to guide your trading decisions, showing you how to create a plan that’s tailor-made for you and your personal goals.

We also introduce you to some crucial ways to manage risk, so you can safeguard your profits and minimise your losses. Lastly, we look in detail at the four main types of trading style, helping you decide which is likely to work best for you.

Time

60 min

Level

Beginner

Benefits

Short, easy-to-digest lessons
Practical, interactive exercises
Engaging videos and graphics
Free demo account for practising your new skills
Quiz to check your understanding

Example lesson: SMART trading

In this course you’ll find exercises, charts and illustrations designed to help you build an effective trading plan and manage the risks of trading. To give you a flavour of what to expect, here’s an extract explaining how to set effective trading goals:

To be effective, trading goals need to be Specific, Measurable, Attainable, Relevant and Time-bound. In short, they need to be SMART: