Its really simple, if you take on too much risk with every trade, you will blow up your account. If you take on too little risk, you may not even cover your trading costs.
What is the correct amount of risk to take? These videos will teach you how to both calculate and mange your risk to find the right balance for both your account size and risk tolerance.
This is the most important series of videos in this course!
||43:25||Is Trading Just About Money?|
||32:29||Monte Carlo Analysis|