Risk management in trading

If you’ve followed through the previous parts of the series, you should already have a portfolio of trading systems. But before you go live and trade real money with them, there are two more topics to cover – Risk management and Money management.

Risk management is one of the most important factors in trading. Unfortunately, it is usually quite low in the priority list of traders. The bitter truth is that without proper risk management profitable trading is impossible.

Topics overview:

  • What is Risk?
    • Before we speak about risk management, we will first define what is Risk.
  • What is Risk management?
    • Learn more about risk management – the different types of risk and how to identify them
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