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Risk · 4 min read

Risk Management

Simple rules that protect your money before you think about profit.

Risk management is about deciding, in advance, how much you are willing to lose.\n\nThree simple rules:\n\n1. Only use money you can afford to lose.\n2. Start with a small amount while you learn.\n3. Set a limit per trader, not just per account.\n\nPast performance never promises future results. A trader with a great year can have a terrible month.