076: Saul Knapp – Insight From a Former-Risk Manager of 120+ Prop Traders, and Spread Trading
Chat With Traders
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The Importance of Having a Plan
I think as long as you've got a plan and wherever you trade, if you know the risk you're going to take on this trade, I don't always like to call it risk. You should never be worried about taking that trade. A lot of the time is accepting a loss. Most traders find it hard to start with. It's not all about getting the trade right, it's staying in the game and having the right risk management.
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