The most difficult part of trading isn't making money but keeping it. In this short video, I share my top 3 risk management rules plus a bonus rule of everything I do to manage my risk and stay profitable ๐Ÿ’ฐ

The most difficult part in trading is not necessarily making money, but keeping your profit. So that's the reason. you should really have a list of rules that you follow and to stay disciplined. Track all of your trades in your trading journal and truly understand how much money you should be risking for your account size.

I Also have another rule called the 30 rule meaning that if I find that I'm giving back around 30 percent of my profits on the day then I stop trading. This is to prevent myself from over trading and outstanding my welcome and revenge trading try to make every single penny back. If this risk management video helped you out, make sure to let me know in the comment section below.

By Stock Chat

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8 thoughts on “Risk management rules all traders should know”
  1. Avataaar/Circle Created with python_avatars Cartoon chan says:

    My rule 1: Listen and follow humble reader's rules…
    And this is actually useful and needs a reminder now and then

  2. Avataaar/Circle Created with python_avatars moons club says:

    ๐Ÿ˜

  3. Avataaar/Circle Created with python_avatars Get rich or die trading says:

    Thank you. I need to keep hearing this.

  4. Avataaar/Circle Created with python_avatars Majid Younis says:

    When you say stop trading on the 30% rule, do you mean you close your position? Or just shut the computer and call it a day?

  5. Avataaar/Circle Created with python_avatars midistream says:

    True words!

  6. Avataaar/Circle Created with python_avatars Ben Niemann says:

    100%

  7. Avataaar/Circle Created with python_avatars Art Greg says:

    Level volume is low

  8. Avataaar/Circle Created with python_avatars Jayeoba Sunmola says:

    ๐Ÿ‘๐Ÿ‘๐Ÿ‘

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