Hey,
Ask yourself … what's the most important part of a trader's job?
Some think it's picking the hottest stocks. Others believe it's predicting what will happen next.
Both are wrong.
A trader's real job is to minimize risk.
I think the vast majority of traders fail because they don't understand the risks they take or how to manage them.
I'm not saying you can avoid risk entirely in the stock market. You can't. Trading is inherently risky.
But you can learn to manage your risk to avoid massive drawdowns, or worse, an account blow-up.
In other words, you can develop ways to minimize your risk.
Here's my current market approach: I'm playing it safe this week.
It may sound boring, but it's how I've avoided bad trades and unnecessary risk throughout the entirety of this brutal bear market.
And this week, as a major index nears a crucial resistance level, I'm being extra careful.
Why?
Because my sense of risk management has helped me stay in the markets for over a decade without any big drawdowns in my account.
Every trader must learn to manage their risk. Failing to do so could take you out of the game.
Click below and I'll show you how (and why) I'm playing it safe this week…
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