StockFetcher Forums · General Discussion · Risk Management 101<< >>Post Follow-up
miketranz
956 posts
msg #158329
Ignore miketranz
1/3/2022 4:32:11 PM

There's only two numbers you need know.Where you enter a trade,and what's below it.I look at risk management not only in dollar terms,but in directional terms.If I enter a trade that goes against me,below my entry point(directional),nine out of ten times,I'm going to lose money.The hardest thing to do is scratch a losing trade.In order to stay alive in this game,you can't let your downside risk become more than your upside potential,aka rr ratio.Some of the most successful traders have only a sixty to seventy percent win average.What makes them highly profitable is that they make much more on their winners,than they do on their losers.Its really that simple.You just have to come up with a method that works for you consistently.

StockFetcher Forums · General Discussion · Risk Management 101<< >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2022 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.