Algorithmic Trading in MQL5: Risk Management
About Lesson

In this video, we learn about the importance of risk management in algorithmic trading. Risk management involves identifying, analyzing, and addressing the risks that our capital is exposed to when trading in the markets. The main risk in trading is financial loss, which can occur when the price moves against our position. We need to assess the probability of this happening and the impact it would have on our account. By implementing measures such as stop loss and position size criteria, we can mitigate the risk and protect our capital. Risk management is crucial in ensuring successful trading.

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