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What is Risk

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Manage episode 398651499 series 3501678
Content provided by Paul Lange. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Paul Lange or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

When a trader says that a trade was “risky”, what exactly does that mean? I hate to say it but in the absence of any other information it means that the trader is very novice. Risk can have a lot of meanings, and I want to review each of those as they are critically important to your trading. Maybe it’s just semantics, but saying any trade is risky is very difficult to define. The true definition of a trade being risky, is not anywhere near how most traders would define it. Without understanding all the implications of risk, you will lose money quickly.

Here are the Charts to follow along:
Chart 1:
https://drive.google.com/file/d/1IBoEWxwtBcjGl4Tr-p4UjWubW4E9zEFP/view?usp=drive_link

Chart 2:
https://drive.google.com/file/d/1N0-VnyrKAG7EYWrT4P_31m4pJV-0seom/view?usp=drive_link

Set up a free coaching session with Paul:
https://calendly.com/dts-paul/coaching-session-w-paul

The DTS Free Stuff Page:
https://disciplinedtradingstrategies.com/free-stuff/

To learn more, visit:
http://disciplinedtradingstrategies.com

Listen to more episodes on Mission Matters:
https://missionmatters.com/author/paul-lange/

  continue reading

50 episodes

Artwork
iconShare
 
Manage episode 398651499 series 3501678
Content provided by Paul Lange. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Paul Lange or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

When a trader says that a trade was “risky”, what exactly does that mean? I hate to say it but in the absence of any other information it means that the trader is very novice. Risk can have a lot of meanings, and I want to review each of those as they are critically important to your trading. Maybe it’s just semantics, but saying any trade is risky is very difficult to define. The true definition of a trade being risky, is not anywhere near how most traders would define it. Without understanding all the implications of risk, you will lose money quickly.

Here are the Charts to follow along:
Chart 1:
https://drive.google.com/file/d/1IBoEWxwtBcjGl4Tr-p4UjWubW4E9zEFP/view?usp=drive_link

Chart 2:
https://drive.google.com/file/d/1N0-VnyrKAG7EYWrT4P_31m4pJV-0seom/view?usp=drive_link

Set up a free coaching session with Paul:
https://calendly.com/dts-paul/coaching-session-w-paul

The DTS Free Stuff Page:
https://disciplinedtradingstrategies.com/free-stuff/

To learn more, visit:
http://disciplinedtradingstrategies.com

Listen to more episodes on Mission Matters:
https://missionmatters.com/author/paul-lange/

  continue reading

50 episodes

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