Overlooked Risk Tools: Position Sizing

mprincipatoMarc Principato, SMB ForexLeave a Comment

Too often I listen to inexperienced traders over reacting, exaggerating and showing how over dependent they are on things like technical analysis. Too many engineers and people who think they can outsmart the market by trying to define everything it does with some over restrictive measure, indicator or data series. Much of the time, the objective of this pursuit is … Read More

Trade Review: Early Exit & Trade Management

mprincipatoGeneral Comments, Marc Principato, SMB ForexLeave a Comment

In this segment, Marc Principato, CMT, points out how the price action helped him exit this trade early. This is a trade taken with the EURUSD and it reveals flexibility and risk management when handling a difficult trade. Subscribe: http://bit.ly/utraderyt Help me write my book: http://www.unconventionaltrader.com Training Info: http://www.bit.ly/smbhome My analysis on TradingView.com: http://bit.ly/tviewprfle Twitter: http://www.twitter.com/marcpmarkets Webinar and Trade Review … Read More

Enhancing Trader Performance: Risk Versus Uncertainty

David BlairDavid Blair, General Comments, Guest Blog, Trading PsychologyLeave a Comment

*****One blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading is David Blair, The Crosshairs Trader. Below is his latest post for the SMB Trading Community. We hope you enjoy!***** — Editor’s Note Do traders manage risk or uncertainty? Is there a distinction between the two? Does it matter? When we … Read More

Can You Manage Your Swing Trade Loss Like This?

mprincipatoMarc Principato, SMB ForexLeave a Comment

Taking losses is part of the game.  Learn what you can do to minimize them, Subscribe: http://bit.ly/utraderyt Help me write my book: http://www.unconventionaltrader.com Training Info: http://www.bit.ly/smbhome My analysis on TradingView.com: http://bit.ly/tviewprfle Twitter: http://www.twitter.com/marcpmarkets Webinar and Trade Review Archive: http://bit.ly/archpge

The Blowup

sspencerSteven Spencer (Steve's) Blogs, Trader Development3 Comments

As someone who has been in the trading industry for over 15 years I am familiar with many traders and firms that have “blown up” over the years. The most recent public example of this was MF Global. Billions wagered on Sovereign European debt brought MF to bankruptcy. Probably the most famous blowup of all time was LTCM, which was … Read More

The Psychology of Sizing (Guest Blog)

BellaMike Bellafiore's (Bella's) Blogs12 Comments

Below is a wonderful contribution to our learning/growth shared by an SMB Blog Reader and professional trader. **************** For the past 4 months I’ve been battling with risk management. It’s been my Achilles heel. Its has completely destroyed my consistency. I’ve made big and I’ve also lost big. I’d say that 80% of my trades have good technical structure and … Read More