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072: Rob, @DiscoveryTrader – Why Risk Management is King, and Why Gambling Isn't Such a Dirty Word

Chat With Traders

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How to Be a Successful Scalper

"The risk math that we use in our firm is absolutely elementary. There's nothing interesting about it in the least way," he says. "You shouldn't try to be a mouse trading market maker competing against the machines, trying to win 50%, 40% of your trades at two to one on your money."

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