Why will it bear on manage our risk? Is it that important? What do triple-crown traders say concerning risk management? What do the regulators say? Let’s begin at the start and raise, WHY is risk management important?
ADDITIONAL READING concerning WHY IS RISK vital
WHY IS RISK vital - TEXT VERSION
In this course, we have a tendency to square measure planning to cite RISK.
R-I-S-K. it's that different word ending in “K” that we have a tendency to conjointly avoid too often!
If you wish to create cash as a dealer, whether or not it's a facet project, otherwise you aim to create it your primary supply of financial gain, you want to find out how to manage your risk.
It is the sole thanks to be systematically profitable over time, not simply profitable a number of the time.
If you ignore risk, you'll lose. you'll lose your account in barely many short weeks once a couple of trades, otherwise you could act slowly over a amount of months or maybe years. Either way, you'll lose if you are doing not have a method in situ to manage your risk.
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