Losing money happens. It happens a lot. In fact, you may lose your trades 90% of the time, but that 10% that are profitable can vastly outweigh the losses with appropriate risk management. Chasing losses expose you to potentially losing even more as your mindset drifts from looking for positive opportunities to recovering the losses opportunities. Actionable Tip: This is a big one that serious professionals and hedge fund managers* use. Implement Kelly’s Criterion to help not only manage your risk and capital deployment but also your performance. Every loss generates a new capital deployment size helping you automatically reduce the risk to your portfolio when you are underperforming. Fun fact: This is used to help deploy capital between the Hedge Fund’s traders. Traders that perform well are rewarded with more capital from the Hedge Fund manager. Whilst underperformers position sizes are reduced according to Kelly’s Criterion. #investing #financialmarkets #investor #forexmentor #forexlifestyle #invest #business #grind #businessman #successful #goals #billions

Losing money happens. It happens a lot. In fact, you may lose your trades 90% of the time, but that 10% that are profitable can vastly outweigh the losses with appropriate risk management. Chasing losses expose you to potentially losing even more as your mindset drifts from looking for positive opportunities to recovering the losses opportunities. Actionable Tip: This is a big one that serious professionals and hedge fund managers* use. Implement Kelly’s Criterion to help not only manage your risk and capital deployment but also your performance. Every loss generates a new capital deployment size helping you automatically reduce the risk to your portfolio when you are underperforming. Fun fact: This is used to help deploy capital between the Hedge Fund’s traders. Traders that perform well are rewarded with more capital from the Hedge Fund manager. Whilst underperformers position sizes are reduced according to Kelly’s Criterion. #investing #financialmarkets #investor #forexmentor #forexlifestyle #invest #business #grind #businessman #successful #goals #billions http://bit.ly/2tdvuYK