
164: Nick Fabrio – How to Scalp ASX Stocks and Make a Pretty Penny
Chat With Traders
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How to Manage Risk in Trading
I think I need to step away from being so feel based and more, um, I guess structured in terms of like having a plan for what I'm doing. There's pretty much where I, that's how I manage risk. Like if I put on a trade and it doesn't move for me straight away, I'm pretty much out. So if it was to just continue sideways, but sort of not really come too much back, you're going to just get rid of it. Okay. And what if that trade hadn't have worked out? Like what was your exit plan in that sort of situation? That was a fair bit of, um, fair bit of liquidity there.
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