We began our ‘Money Management’ series with this article.
The “Money Management” playlist on YouTube can be found here.
We continue, from our last post on this topic that you can find here.
To this point of our ‘Money Management’ series, we have discussed the importance of risk mitigation, when approaching an investing or trading account. At the same time, we have discussed six money management principles of trading. Principles that discuss the mathematics of how to stay profitable over the course of many trades.
However, we have noticed at times that ones will struggle, because they are using trading strategies inappropriate for the size of the account that they are trading.
We discuss one such concept in the following Money Management entry.
(After the following video, we continue the series of ‘Money Management’ in this next entry … )