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/biz/ - Business & Finance

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55420149 No.55420149 [Reply] [Original]

I managed to take my trading portfolio form $300 to $375 in one week, a gain of 25%. But now I'm afraid I may lose everything on my next trade. How do I exercise proper risk management?

>> No.55420155

Quit.

>> No.55420158

>>55420149
Trade the $75 and save the rest.

>> No.55420159

Risk level is supposed to go down the higher your account gets to. Right now with a few hundred dollars you should be doing extreme high risk stuff.

>> No.55420166

>>55420149
pros cut at -5%

>> No.55420170

>>55420149
>$375
you made it bro
just stick your money into an index fund wait 5,000 years and you're golden

>> No.55420183

>>55420149
Well youre going to blow it up anyway few times so might aswell do it while its still small

>> No.55420184

>>55420149
put it into a shitcoin and make $2000

>> No.55420189
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55420189

>>55420149

Buy puts in overvalued garbage

>> No.55421063

Listen to him >>55420159
It's counterintuitive but it's the truth.