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740 - Money Management Strategies

The Trading Coach Podcast

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Using a Position Size Strategy Is a Kill

A lot of traders just aren't interested in using a position sizing strategy as well or at all. The smooth ratio of money management is going to be one of the safest ways to do it. Because it stops you from increasing too quickly. You're always working within an umbrella spider trade today that I had on my radar. And I couldn't take it at the initial entry point because it was a max risk trade. So I had to wait until it pushed a little bit higher to get involved.

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