You should never ever risk more than 2% of TLNW

Discussion in 'Strategy Building' started by Buy1Sell2, Aug 6, 2009.

Do you use prudent risk management?

  1. I risk no more than 2% of TLNW on any one trade/idea

    15 vote(s)
    18.3%

  2. I risk more than 2% of TLNW on any one trade/idea

    18 vote(s)
    22.0%

  3. I risk no more than 2% of my account balance on any one trade-idea

    14 vote(s)
    17.1%

  4. I risk more than 2% of my account balance on any one trade/idea

    31 vote(s)
    37.8%

  5. I really don't know

    4 vote(s)
    4.9%
  1. Buy1Sell2

    Buy1Sell2

    This is one of the main reasons that folks fail---
     
    #41     Jan 14, 2012
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  2. Buy1Sell2

    Buy1Sell2

    Prudent Money Management is one of the main keys to profitable trading. Most traders totally disregard this aspect whilst looking for trade systems that will yield 100% winners. You will never be successful without first researching, developing and employing Prudent Money Management and taking numerous small losses and letting winners run. All in All out is superior is superior method for enter,exit and stop.:)
     
    #42     Jan 16, 2012
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  3. Buy1Sell2

    Buy1Sell2

    401ks are in general terms, investment vehicles, not trading vehicles.
     
    #43     Mar 25, 2016
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  4. Buy1Sell2

    Buy1Sell2

    Hey --Thanks!!
     
    #44     Mar 25, 2016
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