
236: How to Profit and Protect in Any Market Conditions - with Tom Basso
Better System Trader
The Crucial Role of Diversification and Risk Management in Trading
This chapter emphasizes the key aspects of risk management in trading, such as sizing positions correctly, extreme diversification, and avoiding emotional reactions to market fluctuations. The speaker discusses the benefits of diversifying across multiple positions to reduce risk and highlights the accessibility of trading fractional shares and micro contracts for diversification even with limited capital.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.