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The Ultimate Trading Risk Management Guide PDF Details
| Data | Description |
| File Name | The Ultimate Trading Risk Management Guide PDF |
| Total Pages | 73 |
| Size | 1.6 MB |
| Language | English |
| PDF Quality | Very Good |
| PDF Link | Available ✔️ |
| Author | Steve burns and holly burns |
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Ultimate Trading Risk Management Guide Excerpt
Excerpt from the Book
There are plenty of resources on entry signals, stock picks, and trading psychology, but where are the books on risk management? If you study successful traders, you’ll find that risk management is a key topic.
Many might think that billionaire traders succeed solely due to their accuracy, but a major part of their success lies in managing risk effectively to prevent significant losses or prolonged losing streaks that could deplete their capital.
Risk management is often overlooked but is crucial for profitable trading. To succeed, a trader needs a solid system with an edge and the discipline to apply it consistently, including proper position sizing.
Without effective risk management, no trading system can sustain success over time, as a large loss with improper position sizing could be devastating.
This book aims to outline the essential principles of risk management so you can keep your money safe while trading.
By focusing on risk management and maintaining a positive trading mindset, you can improve your chances of profitability and trade long enough to achieve success.
Steve Burns
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