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Leigh Jeffery

Oct 14 - Mike B - Fundamentals Of Risk Management & Risk Controls

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Please use this thread to post your questions before and after the Success Webinar!

Fundamentals Of Risk Management & Risk Controls

There is no way to eliminate risk in trading but there are ways to manage it. Without exceptional risk management, it will be extremely difficult, if not impossible, to build consistency and longevity in your trading career. All of the best traders have found a way to successfully manage their risk in trading. In this Success Webinar, we’ll dive into some risk management techniques that you can implement in your own trading.

Date :   Wed, Oct 14, 2020
Time :  8:00 PM ET
Location :  Webinar Room (Lifetime Members only)

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About building up your position: I have noticed that usually keeping a 1R risk trade on average rarely becomes a 2R reward especially after partials and such. The way I have found around that is to slowly build the position (first 1R risk, then more, then more, etc.). Many times, however, after I am completely “sized in” the stock go against me aggressively and here I am sitting at negative 3R or 4R. Could you please go over how we could risk-sensitively scale into positions?

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