Gambling Trader OR Trading With Risk Management? | 051

09/10/2023 29 min Episodio 51
Gambling Trader OR Trading With Risk Management? | 051

Listen "Gambling Trader OR Trading With Risk Management? | 051"

Episode Synopsis

In this episode, we discuss The Gambler and The Risk Manager. Proper Risk management is the way to stay in the game of trading. Dive into their contrasting approaches – one chasing wild dreams, the other calculated and composed. Explore the importance of risk assessment, emotional control, and gradual position sizing. Tune in and trade smarter as we edge up together. "Risk control is the most important thing in trading. If you have a losing position that is making you uncomfortable, the solution is very simple: Get out, because you can always get back in." - Paul Tudor JonesShow Notes:Related Episodes:Trading vs GamblingTrading on TiltAloha! We are Glenn & Reid, founders of Hawai'i Trading Academy.Our mission: Cultivate & sustain profitable traders.Our ethos: Be honest and transparent as we build our content off of what we consider three pillars of successful trading: Risk Management, Edge, and Psychology.For more information about Trading Education in Hawaii, visit our links below:Bootcamp & Trainings: https://training.hawaiitradingacademy.com/storeWebsite: https://bit.ly/HawaiiTradingHTA TV: https://bit.ly/3sLQpnIPodcast: https://spoti.fi/3wfbqF7Youtube: https://bit.ly/HTAtubeInstagram: https://bit.ly/HTAigFacebook: https://bit.ly/HTAfaceTwitter: https://bit.ly/HTAtweetBOOK A FREE CALL: https://bit.ly/3EwgpGjCreate Your Own Success In The Markets.Ready to take the leap to get funded? Click the link below!https://www.surgetrader.com/?afmc=HTAMahalo for listening.Safe Trading!