7 Risk Management Ideas from Big Traders 👊

7 risk management ideas from big traders. http://www.financial-spread-betting.com/Limiting-losses.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! So prop guys, hedge fund managers, bank guys, energy guys - not retail. I like to study great traders and those from big institutions. These 7 risk management ideas are from the big end of the spectrum. So they may not be making judgements just on chart analysis but may have different criteria or directives.

1) Plan before you trade. If you don't have a trading plan, odds are you won't succeed.
2) Control emotions. Again a common theme. Doesn't mean that we should trade like robots. I've talked in the past about the emotional barometer.
3) Be flexible. If you're in your early career you don't want to be flexible at the start. Your job when you start is to be good when executing your plan.
4) Learn to get into the zone. This is an interesting one; the zone being a kind of focused, centred state when you're operating at peak performance.
5) Take time off if necessary.
6) Ask for help.
7) Be decisive.

Related Video
Emotional Barometer
https://www.youtube.com/watch?v=f4XgDblVr3o

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