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May 31, 2024 -- Preparing to Win by Managing Risk
Manage episode 421360602 series 3499104
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One of the keys to Adam Sarhan's A.M.P.D. trading strategy is managing risk. Adam says that before he enters any position, he decides how much he is willing to risk if he is wrong, and he uses sell-stop orders to exit a position that goes against him. A.M.P.D. traders work to keep their losses small and let their winners fly.
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