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Risk management in trading is something would-be traders end up investigating once they've had their butts handed to them a few times. It's then they realize the importance of capital preservation - you need money to make money. If you're someone who trades forex, options, stocks, commodities, or everything in between, there's a golden rule you must adhere to - always know how much you stand to lose on any particular trade. Now, once you've figured out that speculating isn't the way to accumulate wealth, you'll look to become an investor with a long-term time horizon. This is where diversification becomes a critically important focus of your risk management strategy. Most importantly, be wary of wolves in sheep's clothing - people with fancy pedigrees peddling some course they claim can help you become a profitable trader. It's all a bunch of BS. Anyone with real risk management experience - who has integrity - would be telling you the cold hard truth - the best way to utilize risk management in trading is to become an investor, not a speculator. We tell you how to do that.