2 Risk Management Strategies

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Brannigan discusses the importance of risk management in trading and highlights two main risk management strategies: Equal Risk Weighting (ERW) and the ABC model.
The ERW model involves allocating the same amount of risk across all trades, while the ABC model assigns different levels of risk depending on the trade's perceived potential.
Bran gives guidelines for determining your daily stop based on your objectives and risk tolerance. He further emphasizes that your primary objective as a trader is to survive long enough to figure out what works for you.
The choice between ERW and ABC depends on factors such as your experience, account size, and return expectations. Ultimately, having a risk management strategy in place is crucial for long-term success, as it ensures survival, fosters consistency, and allows you to make objective decisions without being swayed by emotions.
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[@georgemay1590]

as usual, excellent. please share more about risk management in future videos. would be great! thanks!

[@pokahunters7855]

Again beautiful lesson ❤

[@hatry9]

One of the best videos Axia has put out. Every novice trader needs to watch this.

[@borneotrades]

Bran vidoes are the best. his english very easy to understand to non native english speaking, Mike SMB english easy to understand too. Richard got slang.

[@AxiaFutures]

Thanks for watching and liking our video's!

[@lemuelprince6668]

Yeah you was right this video probably saved me from blowing my account, Praise the Father in Christ.

[@AxiaFutures]

@@lemuelprince6668 Thanks for watching our video and we are glad to hear that it was useful to your trading.

[@VLiviu]

thank you!

[@AdamTrader84]

Really enjoying this, especially the story parts, reminds me that lessons will be learnt from mistakes and losses.

[@AxiaFutures]

Thanks for watching our video's!

[@ACT908]

Where can we find the other risk management strategies (number 3-4-5-6) in the pyramid?

[@cryptofxindia]

excellent vidseo

[@AxiaFutures]

Thanks for watching!

[@Ammar-pq5el]

great content

[@AxiaFutures]

Thanks for supporting!

[@borneotrades]

The monkey brain (chimp) vs human brain. any video on monkey brain (6 mil years dna) from Axia, Alex? Thank you.