“I'll keep reducing my trading size as long as I'm losing My money management techniques are extremely conservative. I never risk anything approaching the total amount of money in my account, let alone my total funds.” LongRiskAmountLosingAccountsManagementSizeConservativeTechniqueFundTradingReducingMoney Management Author:Randy McKay
“I basically learned that you must get out of your losses immediately. It's not merely a matter of how much you can afford to risk on a given trade, but you also have to consider how many potential future winners you might miss because of the effect of the larger loss on your mental attitude and trading size.” MatterMightGivenLossAttitudeRiskEffectsMissingTradeSizeWinnerTradingMental AttitudeYour Loss Author:Randy McKay