RE: Understanding Risk & Money Management in Trading

A lot to take in from this post.

I hear people say there's a beginner's luck after which great losses are made. I guess it's over-expectation and greed.. at different points, everyone has an element of this.

I believe if the three rules you stated are followed, losses will be minimal. We just want to make it big, forgetting that many smalls makes big.

Thanks for writing out this well thought out post.