781 - Risk Management In Trading
The Trading Coach Podcast
00:00
Do You Have Any Back Testing or Data to Warrant That Much Risk?
Kiel Stokes: Knowing your numbers, knowing what you can risk is key. Jason Greystone: Even with risking 1% or 2% per trade, it's also not the most efficient and dynamic way to manage risk. If you're in 10 trades, that's 10% of your account. Goodbye in one day if you have a losing drawdown.
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