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, there are other concepts that relate to money management, as they relate to staying profitable over time. Especially for self-directed retail traders.
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 … )