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The Paradox of Good Risk Management
This might be the most important piece you read in your trading career. If you’re a new trader you should be happy you stumbled upon it. Here’s why: If you can keep your losses small and focus on the risk you take on every trade, the rewards will often take care of themselves. This is one of the great paradoxes of trading success that can be tough to learn but extremely helpful to apply. Let’s unpack that statement. What keeps a trader in the game and able to make a career out of the markets is a combination analyzing oneself constantly, usually through keeping a trading journal. They also keep their trading ... (full story)
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- Oct 30, 2012 5:39pm Oct 30, 2012 5:39pm
- TraderJF
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- Spreadbetter
- | Membership Revoked | Joined Feb 2012 | 3235 Comments
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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- TraderJF
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- Spreadbetter
- | Membership Revoked | Joined Feb 2012 | 3235 Comments
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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- TraderJF
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- Spreadbetter
- | Membership Revoked | Joined Feb 2012 | 3235 Comments
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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- jaygee
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