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156: Michael Katz – Day Trader, Green Every Month, Talks Consistency, Strategy and Doing Size

Chat With Traders

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How to Manage Risk

Before I put any trade on I already know where I'll be getting out if it starts to go against me. If you compare any retail trader to a professional trader that's probably one of the main differentiators, right? So I like to make sure I know where I'm getting out before I even get in and by doing that I'm able to also figure out how much to put on because I want to risk a fixed amount,.

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