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How a Market Wizard KEEPS His Returns with Tom Basso | The Outlier Podcast Ep57

The Outlier Trading Podcast

NOTE

Hedging and Risk Management for Traders with Small Accounts

For traders with small accounts, the primary focus should be on managing positions and only considering hedging if leveraged. With a small account of less than $10,000, it's advisable to stick to easily tradable positions, utilize stop orders based on trend indicators, and move in and out of positions quickly. It's important to focus on increasing the account size and putting more money into the account before considering more advanced risk management techniques.

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