risk control and money management

Managing YOUR MONEY
risk control and money management
concept is to limit how much money you are willing to let the market extract from
your wallet when you make losing trades.
When any trader makes a decision to buy or sell (short), they must also decide
at that time how many shares or contracts to buy or sell — the order form on
every brokerage page has a blank spot where the size of the order is specified.




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