Risk Management & Position Sizing Strategy for Trading

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Risk Management is the most important aspect of trading. Here's why you must learn to master this trading strategy:
What is the key to profitability in trading? Risk Management.
How to become a profitable trader? Risk Management.
How to improve your win rate in trading? Risk Management.
How to be consistent in trading? Risk Management.
#daytrading #stockmarket #riskmanagement
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DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing this channel.

[HumbledTraderOfficial]

What would be more important than Risk Management in trading? Let me know 👀

[marcelgaines]

All your videos are great but what I truly appreciated as a newer trader were the pop ups with explanations and definitions as the video played. It helps reduce me google searching terms you may use mid video. Keep on creating.

[goldenageenthusiast]

I watched this video and one of your VWAP videos this morning before the market opened. I waited for longs that were consolidating close to VWAP and used VWAP as my stop. Instead of scalping it all I sold half the position at the one to one risk to reward level and then moved my stop to my purchase price. After that I held the rest of my shares and believed that the stocks would test the high of days. I was able to make around $1.75 profit on the shares that I held. This is excellent content! Thank you.

[gregmolnar]

That was one of my favorite videos you've made. You explained very well, and showed examples to demonstrate. Thank you!

[drow]

great informative logging my trades makes me cry but also forces me to see my mistakes

[gloofisearch]

Thank you. this is one of the best videos you ever made. This is very important to have a good risk management setup, like not loosing more than 30% of the winnings on any given day or just stop trading at a specific time. I added a rule to my trading, stop trading for the day if I do not "feel" it. If I do not find the right starting points or if I am not "sure" about a trade. This rule is, of course, more like a "gut feeling", but it prevents me from doing stupid stuff;-)
What I mean with this is, do not force it. If you do not feel it for the day, turn the computer off and go for a walk, go to the gym, have a cup of tea and relax and don't think of it.

[anthonygresham]

OMG!!! THX SO MUCH Shay, your channel is awesome. I love what youre doing, even down to the name, humbled trader, which is key. oh yeah cheers.

[derekjp]

Really great video on possibly the most important lesson in trading, that many learn the hard way after steep losses, including myself a few years ago.

[JunkBondTrader]

People wanna figure out how to make good picks, before learning how to protect their capital. You need both! Nice video.

[iGaoshiqing]

The free journal and Crash Courses are so good!! Thank you so much! !!!

[ErikSjaastad]

Thank you! You've helped me so much. My charts are much cleaner now and I've back tested my strategy with the 1:3 R/R and it works most of the time! I can't wait for Monday!!!

[EverydayNewExperiences-lbui]

Hi Shay,
Can you make another video of how you set up your ratio, percentages, unit, pips, etc... in the trading platform for newbie like me. Thanks

[frankalvarez]

I really LOVE how you explain everything. Even though I've been trading for a couple years it's always good to "touch base". Thanks a lot!

[OsAparicio-tmrd]

Thank you very much! This Risk Reward has expanded my thinking!

[paulmc]

How do I download a copy of your calculator?

[donnabrannan]

I would like to invest in the stock market

[yuhe]

Hi teach I am from Canada, I want to know daytrade which Broakage is better daytrade? Can you gave me advise ? I like Daytrade and Swing trade! Thanks!

[thedwightway]

Great video! Sometimes the simple things are the things we forget when we get caught up in the excitement of trading! Thanks!

[augustmcdaniel]

My first 3 days trading I lost on all 4 trades I took! This morning, I did real premarket planning for the first time. I planned my entry and my exits using resistance and support lines and a 1:2 risk ratio. I won for the fist time! I had a plan and I was risking an amount I was comfortable with. I was calm the entire time because I knew what I needed to do! I traded FUBO. I got in at $2.80 - Sold half at $2.89 and the other half at $2.98! I only missed the high by $0.06! Thank you for all the info! :)

[wavsta]

Hey Shay,

Great video, I think you should incorporate how you should apply Risk Management to a funded account. For instance, many traders blow up funded accounts even though they only risk 1%, why? They don't understand that funded accounts come with a max drawdown, for instance, a 100K funded account with a 10% max drawdown effectively means a 1% risk on a trade is actually equal to 10% of the account. Therefore, an account such as this should actually be treated solely on the drawdown, think of it as a 10K for instance and then apply the 1% risk to that 10K only.

Interested to hear your thoughts.