Words of Rizdom cover image

The Easy Money Trading Concept Elite Traders Use - Lance Breitstein

Words of Rizdom

00:00

Mastering Dynamic Risk in Trading

This chapter explores the intricacies of dynamic risk sizing in trading, emphasizing the importance of individualized risk assessment and the parallels with poker. It highlights the need for traders to start with simpler strategies, build confidence through reliable trades, and adapt their approach based on experience. Furthermore, the discussion stresses the value of developing a trained intuition and the commitment required for continual improvement in trading practices.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app