5min chapter

Chat With Traders cover image

066: Dan Shapiro – Blocking Excess Noise, Establishing Your Process and Getting Screen Time

Chat With Traders

CHAPTER

What's the Maximum Risk?

Most new traders, again, as we all know, are under capitalized, ok? And there's the whole theory out there's so many different ways was of kind of doing risk management. I want to actually break this down, ecause it's different how i do what ive ben inthes for 16 years. If your account size is 25 thousand dollars, if your fixd risk on every single trade should be one %, right? That should be your maximum risk. Now here's where things get very, very good for you,. Here's where god n god for you.

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