Channel: The Duomo Initiative

Category: Education

Tags: nicholas puririsk managementmoney management ruleduomo tradingtrading psychologymoney managementtrading risk2% at risktrade size2% position sizeposition sizeduomo initiative2% risktrading ruleduomo methodcapital at riskduomo2% ruletrading risk management2% risk managementdynamic position size

Description: Traders know not to risk more than 2% on each trade but aren't given good enough reasons for this risk management rule. We'll explain the numbers, the psychology and more. Check out our FREE training for traders ► bit.ly/free-trader-training Dynamic position size video: youtube.com/watch?v=S9ZB0d6xgd8 **** Start learning the Duomo Method (course and community) ► bit.ly/LearnDuomoMethod Follow us on Instagram for more trading lessons ► instagram.com/duomoinitiative **** In this video, we discuss a common risk and money management rule that you should never risk more than 2% for each trade. Lots of traders follow this rule but it seems many don't know exactly why. The most common explanations fall short and just mention it's for capital protection, but we think there are deeper reasons. We'll take a look at the numbers side, the psychological aspects and the neurological aspects. #Trading #RiskManagement #Risk