14min chapter

The Trade Busters cover image

143 - Throw it on the Pile, Erase your Memory w/ Kris Abdelmessih

The Trade Busters

CHAPTER

Navigating Risk in Trading

This chapter focuses on the intricacies of position sizing in trading, particularly through the lens of the Kelly Criterion and its relevance in options trading. The discussion emphasizes personalized risk management strategies, comparing trading to unit economics in business for better profit forecasting. It also highlights the significance of experience and intuition in managing a diverse portfolio, moving beyond formulaic methods to an individualized approach.

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