Money Management – Risk, Profit Targets and Rules

Money Management – Risk, Profit Targets and Rules

Money management – risk, profit goals and rules

Money management is vital to trading success. However, most traders fail to understand the importance and implementation.

Money management – risk, profit goals and rules

In this video, Gail shows you why money management, risk, and profit goals are critical to your success as a trader. Using a simple spreadsheet, it shows random trades with different risk and reward parameters, and you can visually see how this affects your trading account. Gail also discusses why following the rules is important in measuring your overall success.

You will find that these simple techniques can have a huge impact on your overall goal. Additionally, Gail discusses why she uses a combination of the methods she discusses to increase her profit potential.

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