Introduction To Money Management In Trading

Introduction To Money Management In Trading

Ask three different traders what’s the most important thing in trading, and it’s likely you’ll get three different answers. One will say, ‘market timing’. Another, ‘nope it’s trading psychology’. The third, ‘nah, money management. That’s the key’ Actually, they’re all wrong. Each is equally important. Because, like any three-legged stool, take one leg away and…