Risk Management Basics For Beginning Traders

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I'm pretty new to day trading, started a couple months ago. Followed your guys' stream every day. Ended green every day I traded. Then one day, I failed to follow my rules and emotions got the best of me. I was shooting for home runs, ignoring risk, sizing up, and I ended up losing it all plus more; one day's loss wiped out many days' gains. I tried to climb back to green and eventually did. Then again I failed emotionally and psychologically, and got bit hard. That happened twice more. I am stepping back now and not going to return to day trading until I can fully understand where I went wrong, and why I've not understood and followed risk management more closely. This video hit home.

riptol
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Thank you highly appreciate your time and effort

-mu
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What's the max percentage u guys are willing to put on any given trade in any given condition?

MC-
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i was trying to see how to find the pictures of the sticky notes but it was a bit blurry...any help?

traviss
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A trader has 1 PERSONALITY which means he or she will have 1 and only 1 TRADING STYLE. FIND YOUR TRADING STYLE.

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