The Common Traits of Stock Market Wizards | Interview with Jack Schwager (Episode 5)
The TraderLion Podcast
00:00
What Are Your Thoughts on Risk Management?
The essence of risk management is just to not let yourself lose much on any given trade. As long as you don't let any trade lose much of your total equity, you're most of the way there. And it's essential, what if you succeed? Most people overspend it wildly. It all comes down to almost always to not risking too much on anygiven trade.
Transcript
Play full episode
