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1349 - The Biggest Risk Management Mistake in Trading
Episode 1349
Published 1 month ago
Description
In this video, I answer a question from a trader who built a profitable trading strategy—but noticed one of the assets lost money over an entire year. Does that mean the strategy is broken?Along the way, I share the painful trading lesson that cost me $60,000, explain why building a trading portfolio is much more complicated than simply adding more currency pairs, and reveal one of the most misunderstood concepts in trading: correlated risk.
Your Trading Coach - Akil