Sunday, August 28, 2011

Summary: Position Sizing

Summary of position sizing

After journeying across the globe with Newbie Ned, and through some basic position sizing examples, you're well on your way to becoming a seasoned risk manager.

Now knowing how to set the correct position sizes is only a part of what it takes to become a pro at risk management.

The other part is discipline.

Stick to your stops and pre-determined risk comfort levels and you'll be sure to have enough after your losses to take advantage of profitable opportunities.

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