Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. 76% 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.

Using stops and limits to manage risk

Course overview

Description

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.

Time

21 min

Level

Advanced

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