431: RISK MANAGEMENT For Trading - Michael Toma

Dec 4, 2023

RISK MANAGEMENT For Trading - Michael Toma

In episode 431 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Michael Toma of the Desire To Trade team, discussing risk management for trading. Every trader needs to master this to get the best trading results.

The video is also available for you to watch on YouTube.

>> Watch the video recording!

Topics Covered In This Episode

• 00:00 Introduction
• 00:29 A different perspective on risk management
• 04:35 Keys to solid risk management
• 07:38 Implementing controls
• 10:23 How risk management helps you become a better trader
• 12:10 Math drives risk management positions
• 14:14 "Rinse-wash-repeat"
• 15:38 Exciting update!
• and much more

What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!

Desire To Trade's Top Resources

• DesireToTRADE Forex Trader Community (free group!)
• Complete Price Action Strategy Checklist
• One-Page Trading Plan (free template)
• Recommended brokers:
  • EightCap (preferred Crypto and FX Broker)
  • AxiTrader (use our link to get a special bonus)
• Desire To TRADE Academy

About The Desire To Trade Podcast

• • Subscribe via iTunes (take 2 seconds and leave the podcast a review!)
  • Subscribe via Stitcher
  • Subscribe via TuneIn
  • Subscribe via Google Play
  • See all podcast episodes

What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

How To Find Michael Toma?

• www.DesireToTrade.com

What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!