Risk Management for New Traders

SMBU TeamFree Daily Trading Video

In our daily video Seth Freudberg discusses risk management advice for new traders. Some key points made by Seth:

  • Get into mindset that you will be in your job for a few more years at least.
  • Trading options can stay in your current job as long as you have internet access 3-5 times per day.
  • Find options strategy that works for you and fits your personality
  • Trade it small for at least 6 months then increase capital 5% per month
  • Rinse and repeat

 

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