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Everyone falls in love with the big you know, the big uh, profits and the yachts and the and the supercars and the fancy houses and all this stuff. But you can't get there if you don't know how to stick to your plan. and if you don't know how to take a loss and you don't know how to manage risk because at the end of the day I don't care if you got 500 in your account 500 000 or 500 million I mean I Mean we recently saw multi-billion dollar hedge funds. Archigos was it was one just recently 20 billion dollars? I Believe Gone in 48 hours.

Okay, so even if you've got 20 billion if you don't manage risk properly, you're out of business. You're done. Okay, so it's doubly important if you've got a smaller account, because listen, those losses will eat you up.

By Stock Chat

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2 thoughts on “Stick to your plan and manage your risk”
  1. Avataaar/Circle Created with python_avatars Balram Ramcharan says:

    You are absolutely right about that my friend
    I'm am happily listening to you dro๐Ÿ‘โœจ๏ธโค๏ธ

  2. Avataaar/Circle Created with python_avatars Glee Phom says:

    You donโ€™t even know what youโ€™re saying, sound like Biden with bawls under his tongue

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