EDGE Elite STEP FOUR TRADE/RISK MANAGEMENT
MISSION STATEMENT
I will know where I'm getting out before I get in! My previous steps 1,2,3 will help me determine and manage my risk.
Q) If you were the manager of your own prop firm, would you have hired or fired yourself today? Would you up your size or cut it back?
Enduring Understandings
Are you accountable to your risk manager on a day in day out, week in week out basis?
Common Misconceptions
I always fix my stops, therefore I'm always managing my risk.
Essential Questions
Why would I adjust my stops on a trade? What would make me to reduce my risk on a trade?
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Lesson Content
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