Michael Toma

Michael Toma discusses risk management for trading, emphasizing assessing risk based on a series of trades rather than individual ones. The importance of journaling and optimization techniques like back testing and forward testing in improving trading efficiency is highlighted. Managing risks and evaluating strategy tools are also discussed, along with the significance of consistency and math-driven decision-making. Various approaches to effectively manage risk in trading are explored, along with upcoming videos and recommended backtesting software.

Learn 10 tips from a successful fund manager on passing prop firm challenges. Discover the importance of discipline, following rules, and thinking bigger to grow as a trader. Get insights on building a career in trading and common mistakes to avoid. Hear about the key qualities of a profitable prop firm trader and check out Michael Toma's Prop course for more valuable information.

Expert trader and teacher Michael Toma shares strategies for becoming a funded trader in a short time. Topics include managing capital as a business, the two types of investors, key factors for success, the four steps to get funded, realistic performance expectations, and working with Michael Toma.