Summary:
• What is risk management and what it means.
• The three types of way of trading.
• Risk tolerance and allocated daily loss.
• Manage your risk tolerance.
• Scaling into a position.
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⚡ eBook: "7 Risk Management Strategies: Top Traders Share Their Best Tips"
https://timingresearch.com/LR3POD
This episode: Michael Katz from "7 Risk Management Strategies: Top Traders Share Their Best Tips"
Bio: Michael has 15 years of experience in day trading stocks and futures, and developing technological tools for traders.
LR3 Description: We asked several professional traders to record a short summary of how they handle risk management in their trading. From position sizing, to stops, to sector rotation, this group of videos has tons of valuable info to help you hold on to more of your trading profits.
The Lightning Round (LR) is a new series from TimingResearch in which we will bring you shorter presentations from a variety of experts on narrower topics. Visit http://timingresearch.com to access our full catalog of free educational info for traders and investors.
🔔 Bonus: Join LIVE March 7-9: Synergy Traders #44: 5th Annual Women Teach Trading and Investing: Opportunities for Everyone in Today’s Markets
https://timingresearch.com/ST44YouTube
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