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781 - Risk Management In Trading

The Trading Coach Podcast

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Is Discipline Being Secondary Into Your Trading?

I think we talked about kind of a you know, discretion becoming secondary into your trading. Is that something that is yay nay? Yeah, I agree. There's nothing wrong with adjusting position size and taking on more risk. But as I said, it's secondary. It's not even secondary. And by doing that, you know that you understand and you've got full control over your trading plan. If you try to just shoot from the hip and hit a 5% loss in one trade, not really knowing why you've taken a 5%. That's going to hurt you emotionally.

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