188: Best of Risk Management, Pt. 1
Chat With Traders
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My Goal Is Not to Make the Money Back
"My goal is not to make the money back. My goal is to find my alignment with the market," he says. "If i want, if i want to give away three thousand dollars, i need to do it with a large, as large a number of trades as possible" If you're trading one lot on four or five contracts, just start out with your two lots half way to your limit and let them go before you lose more than that. Just picky about how much cash you put in each trade; don't be afraid to take risks.
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