Summary:
• Limit the size of your open losing trades.
• Full positions vs. Half positions.
• Biggest obstacle for most traders.
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⚡ eBook: "7 Risk Management Strategies: Top Traders Share Their Best Tips"
https://timingresearch.com/LR3POD
This episode: Price Headley from "7 Risk Management Strategies: Top Traders Share Their Best Tips"
Bio: Price Headley created BigTrends.com in Lexington, KY in 1999. He is a graduate of Duke University and author of "Big Trends in Trading: Strategies to Master Major Market Moves." Price was inducted into the Traders' Hall of Fame in 2007 and appears regularly on CNBC, Fox News and Bloomberg Television, and in a variety of print and online financial news outlets, including The Wall Street Journal, Barron's, Forbes, Investor's Business Daily and USA Today. Price also speaks regularly to investment audiences nationwide.
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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