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50 05r Mtg DOC  Form

50 05r Mtg DOC Form

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as a day trader our main focus should be to stay alive in this game as long as possible and the only way we can stay alive is by having a proper risk management strategy now a lot of Traders when they get started or that are trading they focus on what strategies they should focus on how they should approach the market how they should chart and all these other great things and while these things are great they're not enough to keep you alive the only way you'll be able to stay alive and be able to put on more trades is by having capital and our job is to protect that Capital protected day in and out trade by trade and in order to do that we need to have a well-defined plan a well-defined risk management plan that helps us avoid taking too much risk and helps us avoid having too much exposure in trades and in this video I want to talk about my risk management plan how you guys can build a risk management plan I'm going to talk about position sizing and I'm

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