Senior Market Analyst Brett Manning (ChartTrader - CHART) hosts the third installation in our three-part educational series on risk and money management. In this video, CHART quickly covers the most important concepts for effectively managing risk and exposure as a short-term trader, including: * How to gauge size for a trading setup as a function of stop placement. * How to define the concept of a setup in terms of risk and a ratio to potential gains. * Why cutting losses and letting profits run is instinctively difficult, but crucial. * Why you have to understand the time frame of your trading setup and adjust risk and size accordingly.
Visibility: 1089
Duration: 4m 38s
Rating: 8