Risk Management Within Trade Management - January 21, 2023
The Inner Circle Trader Twitter Spaces Archive
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Well-Defined Process and Trade Management Protocols
This chapter focuses on the importance of having a well-defined process and trade management protocols to avoid making irrational decisions in a state of panic. The speaker emphasizes the need to have these protocols written out and easily accessible during trading. They discuss the importance of being able to pull the plug on a losing trade without regrets, and how it contributes to building consistency and profitability.
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