Words of Rizdom cover image

Wall Street Trader: 60 Year Trading Veteran Exposes The Market Algorithm

Words of Rizdom

00:00

The Importance of Risk Management in Trading

This chapter emphasizes the crucial role of risk management in successful trading, particularly the importance of setting stop losses. It advises traders to align their stop placement with their risk tolerance and account size while promoting a strategy of gradual growth over reckless investments.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app