04 Risk and Money Management
This course module covers the fundamentals of risk and money management in which you will learn the basic concepts of minimizing risk of ruin and maximizing account growth from the perspective of a short-term trader.
Risk management topics include trade-based fixed vs. dynamic stop-loss and time-based risk limits. Concepts like the expectancy ratio and the Kelly Criterion are introduced in the unit on money management.
|041 Risk Management Basics||00:14:00|
|042 Money Management Basics||00:17:00|