It is no question that managing risk is one of the most overlooked skill sets to have. So because of that I created this Risk Management Challenge to empower our beginner traders who are using paper/ simulation trading accounts to manage risk more efficiently! Let me know in the comment section if you agree with this challenge!
⏰1. Accept the Challenge: https://bit.ly/2HjCuui
2.📚 Free Techbud Solutions Group: http://bit.ly/techbudsfbgroup
3. ✅Watch Me Trade: https://youtu.be/n5_13A4ByF4
4. 🚗Let’s jump on a call: http://www.flippingwheels.net/call
5. 🥇Beginner Boot Camp: https://bit.ly/2HuojTJ
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For those who are interested in Trading & Investing, I encourage you to join Our Free Trading Group of over 200,000!
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
If you have any suggestions for future videos such as Day Trading, Investing, Stock Market, Real Estate, Car Sales, Robinhood, TD Ameritrade, Crypto & bitcoin, Entrepreneurship, Forex, Online Marketing, Online Sales or fun daily vlogs. Please let me know.
DISCLAIMER: Please note that i do not ask for any information. I always encourage our members to trade ONLY what you understand and never based on anyone's opinion. My videos are for entertainment purposes only.any questions to message me as i would love to be a part of your success.

By Stock Chat

where the coffee is hot and so is the chat

29 thoughts on “The risk management challenge for beginners”
  1. Avataaar/Circle Created with python_avatars money money says:

    yall are saying you are losing all your profits in single loss, but do you know those dummies who lose all their profits in a single loss could not even have earned that said profit if they are risking too high? so they deserve to lose that much because so dont deserve to earn that much.

  2. Avataaar/Circle Created with python_avatars Kitty Klawz says:

    Can it b that car I drew?

  3. Avataaar/Circle Created with python_avatars Henry Collins says:

    Thanks Ricky

  4. Avataaar/Circle Created with python_avatars Sam Ellison says:

    I like this guys energy

  5. Avataaar/Circle Created with python_avatars bluegru says:

    Any good brokers that have that onDemand feature like ToS?
    I cant really use ToS because it doesnt let me open an account as non US citizen
    and the onDemand feature is only supported on the live account version not the paper account one.

  6. Avataaar/Circle Created with python_avatars Crazy Cat Guy says:

    So, if I understand correctly you propose that it is better to take the 1% loss and close the position instead of waiting for it to come back again to profit (and potentially go lower)? (completely noob here)

  7. Avataaar/Circle Created with python_avatars chris botsis says:

    yes

  8. Avataaar/Circle Created with python_avatars KALLMEKAN says:

    Challenge accepted!

  9. Avataaar/Circle Created with python_avatars URIEL says:

    Hi Ricky 👏👏 👏 Thank you for the challenge and I want to accept it but the link for discord is invalid or expired.

  10. Avataaar/Circle Created with python_avatars JAK3Y says:

    An ideal prize would be entry to your LPP course, I unfortunately don’t have the spare money to pay for it at the moment 🙁

  11. Avataaar/Circle Created with python_avatars Iyan Leol says:

    Damn, my g…Arms lookin on point. Im trying to get to that level haha

  12. Avataaar/Circle Created with python_avatars JustinSTeam2 says:

    I accept the challenge

  13. Avataaar/Circle Created with python_avatars JustinSTeam2 says:

    Great video

  14. Avataaar/Circle Created with python_avatars John Suba says:

    Honestly something that a lot of people should take into consideration with the choppy market. Paper trading this week for sure.

  15. Avataaar/Circle Created with python_avatars Jhonny Perez says:

    Bro we need that workout routine

  16. Avataaar/Circle Created with python_avatars Mohammed Zakaria says:

    I think I have Yes for all the Qs…  I am up for your challenge…  appreciate your thoughts that you share…

  17. Avataaar/Circle Created with python_avatars Tarik says:

    Which trading platform for europe citizens beginners do you recommend?

  18. Avataaar/Circle Created with python_avatars Coskun says:

    should i sell when i see a massive spike in price? or should i buy and ride it?

  19. Avataaar/Circle Created with python_avatars Albert Magana says:

    I accept

  20. Avataaar/Circle Created with python_avatars Changing Times says:

    RICKY I DON'T SEE THE LINKS BELOW. YOU HAVE FORGOT THEM . PLEASE ENTER THEM, SO I CAN JOIN. LET ME KNOW WHEN YOU POST THEM. THANK YOU MY FRIEND.. LOVE THIS VIDO, IT IS MOST IMPORTANT.

  21. Avataaar/Circle Created with python_avatars Chad Christopher says:

    Yes I totally agree and will manage my risk when I get my three day trades back next week.

  22. Avataaar/Circle Created with python_avatars sean ohara says:

    I accept your challenge.

  23. Avataaar/Circle Created with python_avatars sean ohara says:

    Id say your right but also most people quit before they get started

  24. Avataaar/Circle Created with python_avatars Comit115 says:

    People fail to plan
    So they plan to fail

  25. Avataaar/Circle Created with python_avatars Tarell8 says:

    Keeping it real… I'd rather take the L then hold the bag.

  26. Avataaar/Circle Created with python_avatars Brian Driesenga says:

    Perfect timing for this video for me! I am feeling awesome about trading lately. In my last 4 trades, 3 of them have been for losses. However, because I have been managing my risk, I am actually up overall! Before, I would have bag held and would have taken a significant loss. My next area of improvement is to take some profits. Out of those 3 losses, all were up at least 1%….I was holding to see if the pattern would continue, but they did not. Anyway, feeling great! It was like Ricky was reading my mind and wanted to offer me encouragement with this video. Always have a stop loss in place, always! My biggest novice mistake early on.

  27. Avataaar/Circle Created with python_avatars lkcheat says:

    yes i accept

  28. Avataaar/Circle Created with python_avatars Charli D-T says:

    I needed this

  29. Avataaar/Circle Created with python_avatars Артем Заянчковский says:

    Thank you for this oportunity!

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