2min chapter

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Derrek (@real_MikeBarnes): Resource Trading, Nintendo $NTDOY, and Getting More For Less

Value Hive Podcast

CHAPTER

The Importance of a Risk Management System

I do not have a risk management system in place unless my thesis changed. I just have to say to myself, is the thesis done tacked? And if it is, don't let the price action tell you otherwise. The thesis changes, I'll blow out of it right away. Yeah. So you said they've worked mostly until now. Do you have any examples of maybe a recent or a past kind of big loser and some of the lessons you've learned from that instance? You know, there was a stock. I didn't really get hurt so badly on it. It was a Klondex mine. He's the guy running Carora who I decided to get a second

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