LESSON 04 · MOMENT OF TRUTH

Place Your First Live Trade

~9 MIN READ · FREE

Small size, correct process. The goal of this lesson is not profit — it is proving you can execute a signal cleanly from start to finish.

1. 1

   Work out your lot size

   Decide the cash amount you are willing to lose on this trade, measure the distance to your stop loss in pips, and size down until those two numbers agree.

2. 2

   Fill in the order ticket

   Set the volume, then type the take profit and stop loss into the ticket before you confirm — not after. An order without an SL is an open-ended risk.

3. 3

   Confirm and check

   Open the positions tab and read the trade back: right direction, right size, TP and SL attached. Fix anything wrong immediately.

4. 4

   Leave it alone

   Do not widen the stop, do not close early out of nerves. Let the trade reach TP or SL so you learn what the setup actually does.