The key to successful risk management

Understanding the context of a situation determines how you stake

A lot of struggling traders fail despite adhering to good risk management because they do not know when to max their staking and when to reign it in.

The art of knowing when to attack and when to fold is the most essential tool to maximizing your profits as a trader. The goal is NOT to be right all the time. The goal is to swing the hammer HARD when you are right and cushion the blows best as possible when you’re wrong.