Normal Forex & Crypto Trading · Chapter 5

Risk Management in Practice

Stops, Targets, Leverage, Lot Size, Fees & Liquidity (Forex & Crypto).

⏱ 60–90 minutes 🖥 Hands-on practice 📖 7 sections + workbook
Important Reminder Forex and crypto trading are high risk and speculative. Everything on this website is for education only and not financial advice. Never trade with money you cannot afford to lose. Always start with a demo or paper trading account. For real investment decisions, consult licensed financial professionals in the Philippines.

What you’ll be able to do after this chapter

  • Plan and place a trade with a defined stop-loss (SL) and take-profit (TP)
  • Calculate correct lot size / position size based on your risk tolerance
  • Understand leverage, margin, and liquidation risks
  • Account for fees, spreads, and other costs in break-even calculations
  • Evaluate liquidity and slippage risk before entering trades
  • Use TradingView to visualize and plan trades with proper risk-to-reward ratios

Introduction

You already know charts and indicators—now it’s time to protect your capital. This chapter gives you a complete risk framework so you can plan trades calmly and consistently in both Forex and Crypto markets.

Compliance Note (PH Context) If using a PH-facing crypto service, verify it is BSP-licensed as a VASP (Virtual Asset Service Provider). Derivatives availability depends on your jurisdiction and platform terms.

Lesson roadmap

Section 1 — Risk Management Practice

SL/TP foundations
  • Why stops & targets remove emotion
  • Practical SL placement methods
  • Minimum R:R requirements

Section 2 — Position / Lot Size Calculation

Sizing
  • 0.5–1% risk rule
  • Lot size vs quantity
  • Stop distance → size

Section 3 — Position, Margin & Liquidation

Leverage & risk
  • Leverage impact
  • Margin basics
  • Liquidation mechanics

Section 4 — Fees, Spreads & Order Types

Costs
  • Spread + fees → break-even
  • Market vs limit orders
  • Execution basics

Section 5 — Liquidity, Slippage & Execution Risk

Slippage
  • Liquidity and spread
  • Slippage impact on R:R
  • Execution risks

Section 6 — Long vs Short; Time in Trade

Direction
  • Long vs short mechanics
  • Time-in-trade
  • Exit rules

Section 7 — Do’s & Don’ts (Friendly Reminder)

Discipline
  • Demo first
  • Keep risk small
  • Don’t move stop farther

Workbook

Practice
  • Position mastery workbook drills
  • Apply sizing + SL/TP + fees awareness