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Episode #111- Kim Sokoloff on 20 years of Wall St. experience, Technical Analysis & Intraday Trading

Confessions Of A Market Maker

CHAPTER

How to Manage Your Risk Management

I would say probably most of my trades are in the morning. There's just more movement, right? Right. And it's gonna have to be something very glaring, obviously obvious for me to take something in the afternoon. So I don't look next to I look say, hey, here's my dollar amount. Here's one willing to risk today,. Whether it's two grand, whatever it is, that's my risk. Or if I say,Hey, this stock is breaking down. No good. I'm out. You know what I mean? If I want to, you know, I might keep a hedge on like a VIX trade throughout. Yeah. Absolutely.

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