In our last Boot Camp of the series Simon Brown will be focusing on risk management for traders = the stop loss.
Without proper risk management a trader goes bust sooner or later and likely it will be sooner. Now make no mistake the stop loss can be very testing for the trader often times seemingly kicking one out just as the trade goes your way. This will happen but we need to be smart about placement, type and most importantly we need to obey the stop loss every time it is hit. Every time.
This presentation covers;
- Stop loss (where, how, why)
- Position sizing
- The 2% risk rule
- The 6% In the world of finance, a "portfolio" is a term to describe all the assets you own. It includes shares, cash, bonds, physical property, your retirement savings, your tax-free savings and any other financial instruments you might hold. It excludes insurance products like life insurance. Your overall portfolio can be made up of a number of portfolios held at different More rule
- Managing fear
- Trailing vs. fixed stop loss
View the Boot Camp series
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