A One-Question Risk Management Quiz
Your only trading account is worth $10,000. You wake up really late tomorrow, and the market has already been open for two hours. You check on your balance, and discover that the account is up $500 on the day. Are you: a) elated b) pleasantly surprised c) indifferent d) a little concerned e) terrified We’d go with e) terrified, because if your positions are such that you stand to make 5% in one session,…
Monday, December 8, 2008
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