Join me in today’s episode of the Money Game as I share the best risk management practices that will increase your chances of winning, whether in trading, investing, or business in general. Tune in now!
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You're not a trader, and you're not an investor. You're a risk manager!
But how many of you possess this kind of trading/investing mindset?
Not much, I'd presume, because not even half of the world's population is playing this game well.
How often have you heard about people losing millions of dollars because of miscalculated risks? What about traders and investors who've gone downhill after a huge loss?
I've seen a lot of them firsthand.
But you have to understand first that you can’t always win in every trading opportunity or investment deal. Even some of the greatest investors, traders, and business people of all time also lose.
But how do they still manage to win big and lose small?
Risk management!
So, in today's episode of the Money Game, I'll talk about the very foundation of trading and investing…
- What is risk management?
- How the 5% rule works
- Top risk parameter questions
- Plus more…
If you think you're ready to play the game, make sure to tune in and learn about the best risk management practices.
Let's dive right in!
Dion P.
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Key Takeaways:
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Additional Resources:
Learn to trade and invest whenever, wherever: https://moneyskool.com/
Build generational wealth with Pouncil Capital: https://pouncilcapital.com/
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Money Game is a podcast with a goal of providing free financial education to the world through sharing top-tier insights on the topics of investing, trading, economics, and more!
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