Best of Risk Management · Part 1

EP 188: Best of Risk Management · Part 1
After sifting through the archive of near-200 episodes, I’ve compiled some of the best bits pertaining to risk management. As there were many bits I deemed fitting for a ‘best of’ episode, it made sense to split the compilation across two parts-this is part one, and part two will follow next (Episode 189).
The idea behind creating this compilation, is to reinforce the instrumental role that risk management plays in a traders’ ability to stay in the game. It can also serve as a go-to reference for anytime you find trading loses getting out of hand.
One other reason, is to highlight some past interviews which you have missed or skipped over. If you’d like to hear the full interview with any guest featured, you’ll find the link in the comments below.

Пікірлер: 179

  • @bulltraderpt
    @bulltraderpt4 жыл бұрын

    Aaron, the modern day Jack Schwager, keep up the good man we owe you.

  • @harshadmainkar4077

    @harshadmainkar4077

    4 жыл бұрын

    Amen!

  • @RossTimmons

    @RossTimmons

    4 жыл бұрын

    Insane that this content is virtually free.

  • @davidminj1

    @davidminj1

    4 жыл бұрын

    Some of the best learnings i 've got through him

  • @lucksonmwape9352

    @lucksonmwape9352

    4 жыл бұрын

    @@harshadmainkar4077 8893

  • @davidoconnor8224

    @davidoconnor8224

    3 жыл бұрын

    Well said! I don't know what it is about Australia but they have a fantastic trading base.

  • @eli77721
    @eli777216 ай бұрын

    43:08 funny how SBF said we need to beware of exchange hacks. 😂

  • @GreenspudTrades

    @GreenspudTrades

    20 күн бұрын

    Lol prophetic

  • @joserodriguez6342
    @joserodriguez634225 күн бұрын

    Bankman-Fried was crystal clear about it!! The first risk for them was "the risk we don't make much money" and the second one to "be careful where we are putting our money". After that, he was sentenced to 25 years in prison for fraudulent actions against customers and investors.

  • @Asorour1988
    @Asorour1988Ай бұрын

    I’ve got to admit. Last person was spot on.

  • @anindividual9225
    @anindividual92253 жыл бұрын

    I come back to this over and over. We need a risk management 3! Dan Shapiro is by far my favorite on this one! So relatable.

  • @Unphasable1
    @Unphasable19 ай бұрын

    Aaahhhh, the irony of Sam Backman fried on a show about risk management.

  • @steffanstan105
    @steffanstan1053 жыл бұрын

    Great job with the videos! Thanks for your contribution to the trading community. Keep up the good work.👍

  • @shudeshnanaik6095

    @shudeshnanaik6095

    3 жыл бұрын

    I absolutely love these videos.

  • @paultravis4153

    @paultravis4153

    3 жыл бұрын

    For better risk management, you're advised to invest the same amount of money everytime you trade. Make this amount a specific proportion of your capital under management. Lets say if you choose to risk 3% of CUM, make sure it is constant.

  • @joshlockhart8597

    @joshlockhart8597

    3 жыл бұрын

    My recommendations on Risk Management, drawn from my personal favourites:

  • @annaleigh8001

    @annaleigh8001

    3 жыл бұрын

    Most traders look for quick money instead of smart money. The ability to be patient is extremely underrated. Let the opportunity come to you instead of always chasing it.

  • @madisonmiller7055

    @madisonmiller7055

    3 жыл бұрын

    I don't mind some quick cash right now. I've been trading all by myself but can't seem to make any headway.

  • @erv1842
    @erv18424 жыл бұрын

    Love to listen to this podcast with my eyes closed and image the geico lizard interviewing traders. 😂

  • @ntbarone

    @ntbarone

    4 жыл бұрын

    Bahahahaha

  • @seantrotter5721

    @seantrotter5721

    4 жыл бұрын

    This made my day. Never will i be able to listen to CWT the same again.

  • @erv1842

    @erv1842

    4 жыл бұрын

    Sean Trotter this is what I see when I listen to the podcast kzread.info/dash/bejne/hWR1xdyHoNKfZJc.html

  • @erv1842

    @erv1842

    4 жыл бұрын

    @D P 😂😂😂😂

  • @coolkidbmx6851

    @coolkidbmx6851

    4 жыл бұрын

    Yo, that's funny

  • @quantumindicesfuturestrade6873
    @quantumindicesfuturestrade6873 Жыл бұрын

    Back in my day to talk to the pros was amazing if you got that chance. We didn't have the internet or youtube like we do today. This is the greatest channel for any trader wanting to see the many perspectives from the some of the best traders. Great content

  • @gregoryp8032
    @gregoryp8032 Жыл бұрын

    So here's SBF talking about risk management ... :)

  • @brandonedwards8956
    @brandonedwards89563 жыл бұрын

    Dan - " I will bankrupt your whole lifeline and take the food outta ya kids mouths if you are trading improperly" LOL

  • @mnsanabu

    @mnsanabu

    8 күн бұрын

    Only a jew could say something like that.

  • @1sndct
    @1sndct3 жыл бұрын

    Man, these compilation episodes on risk management and trading psychology (especially risk management) are absolute gems!!! My guy🙌🏼

  • @ChatWithTradersPodcast
    @ChatWithTradersPodcast4 жыл бұрын

    Full episodes, in order of appearance: 128: Andy Kershner - Risk Tolerance, Daily Habits, Trade Critiques kzread.info/dash/bejne/aKKpp6qhhNLgo6g.html 085: Blair Hull - Know Your Edge, Exploit Your Edge-Survive the Game kzread.info/dash/bejne/lKhmsJmrhanghLA.html 082: FuturesTrader71 - How to Become the Trader You Wish You Were kzread.info/dash/bejne/qaOImMZwqLjaf9Y.html 122: Doug Cifu - Virtu. Hitting Singles All Day Long-On a Global Scale kzread.info/dash/bejne/fqd128d7Ya2WlcY.html 076: Saul Knapp - Insight From a Former-Risk Manager of 120+ Prop Traders kzread.info/dash/bejne/ZXWFmsF-fLuqf8Y.html 066: Dan Shapiro - Blocking Excess Noise, Establishing Your Process kzread.info/dash/bejne/d2qkj5R7fdfAhso.html 177: Sam Bankman-Fried - Leaving Wall Street, Entering Crypto Chaos kzread.info/dash/bejne/mYd4zZeJca3Zo5c.html 080: Anthony Crudele - One Traders Volatile Path From Zero to Hero kzread.info/dash/bejne/nn-Wudqrgquzn9Y.html

  • @amiami5727
    @amiami57274 жыл бұрын

    40:39 Believe me, this is what it all boils down to: Entering trades that are Risk Defined! Also 49:52

  • @Algoo-X

    @Algoo-X

    2 ай бұрын

    I disagree on 40:39 I use a negative RR and I’m very very profitable! There is no right or wrong in trading, what works for you works

  • @starwarsjunkie7777
    @starwarsjunkie77774 жыл бұрын

    I am constantly repeat listening this one. We owe you a big favor for airing this incredible episode.

  • @Luffytoro
    @Luffytoro3 жыл бұрын

    Risk management is Holygrail of trading!

  • @cess916
    @cess9164 жыл бұрын

    Thank you so much for this series, Kid, much much appreciate it!

  • @Whelperoo
    @Whelperoo4 жыл бұрын

    Great episode to return to. Topic extraction is so powerful.

  • @elgerardoedwardio2498
    @elgerardoedwardio24984 жыл бұрын

    Keenly awaiting Pt 2, I've already listened to this twice. Keep up this great content 👍

  • @cristiani5054
    @cristiani50544 жыл бұрын

    Fantastic podcast Aaron, thanks for putting together this compilation!

  • @femshep4018
    @femshep40183 жыл бұрын

    I really enjoyed the Dan Shapiro part, in fact all the clips were fantastic, but his NY accent and the direct numbers he gave were awesome.

  • @ehudkrispil
    @ehudkrispil4 жыл бұрын

    Fantastic Aaron! Thanks for the good work and effort

  • @karateflix
    @karateflix Жыл бұрын

    Brand new to this channel. These risk management videos are AWESOME for my psych. Thanks. I really appreciate the “compilation”.

  • @robinthomas5080
    @robinthomas50802 жыл бұрын

    Aaron, your content is certainly the best in the space

  • @Marcel_Peric
    @Marcel_Peric4 жыл бұрын

    Chat with traders is my favorite podcast about trading definitely,you are doing GREAT JOB Aron!!!

  • @Madu_abuchi1

    @Madu_abuchi1

    3 жыл бұрын

    I appreciate your comment. you can contact my broker for more knowledge and assistance on trading.

  • @Madu_abuchi1

    @Madu_abuchi1

    3 жыл бұрын

    +. 4. 4. (7.8.6.8). 7. 2. 1. 0. 5. 1 WHAT$@PP

  • @powerfulbusinessgrowth9106
    @powerfulbusinessgrowth91064 жыл бұрын

    Aaron, mate, great video episode. Risk management is soooo overlooked

  • @karlmcgealy
    @karlmcgealy4 жыл бұрын

    Totally sound and grounded insight, much appreciated 🙏🏻

  • @markgergen4536
    @markgergen45364 жыл бұрын

    These podcasts are very informative. I listen to them often, thanks.

  • @domenickbiondo7481
    @domenickbiondo74814 жыл бұрын

    Thanks so much for this valuable collection of perspectives on managing risk. P1 and p2 thank you, new subscriber.

  • @jayantrajwade3823
    @jayantrajwade38234 жыл бұрын

    Aaron, another one of great episodes. You are doing a tremendous service for the trading community. Everyday I listen to one of the episodes of ‘Chat with traders’. Your work is highly appreciated and it was perfectly mentioned in the interview of Mike Bellafiore, where he appreciated the work you are doing for the trading community. Please keep doing this great work.

  • @kaistenson95
    @kaistenson959 ай бұрын

    thanks for taking the time to edit these compilations of highlighted information. I already listen all the way through the two psychology ones. thank you so much, they have been very insightful.

  • @colin2397
    @colin23974 жыл бұрын

    This was great, scaling in and adding on confirmation and mask risk.

  • @chaiszcash4206
    @chaiszcash42062 жыл бұрын

    This compilation is top notch. Shared.

  • @carlovalmonte2866
    @carlovalmonte28664 жыл бұрын

    Wow this is amazing! You should make Best of Swing Trading next. Thank you Aaron!

  • @daydreamer7432

    @daydreamer7432

    4 жыл бұрын

    could anyone suggest book on swing trading for beginners .

  • @gamedime8450

    @gamedime8450

    4 жыл бұрын

    @@daydreamer7432 I'll let you know in while.

  • @davidcee6008
    @davidcee60084 жыл бұрын

    Great stuff as usual Aaron , thanks

  • @desasf1
    @desasf14 жыл бұрын

    You rock Aaron! that is a nice helpful compilation.

  • @murrayfarquhar3025
    @murrayfarquhar30252 жыл бұрын

    This information is priceless. Thanks guys

  • @nickparki
    @nickparki4 жыл бұрын

    Love your work man! Always hanging out for a fresh episode!

  • @Strangefella13
    @Strangefella134 жыл бұрын

    This was great. Can't wait for part 2.

  • @gamedime8450

    @gamedime8450

    4 жыл бұрын

    Part two is out.

  • @jeromeavelino4113
    @jeromeavelino4113 Жыл бұрын

    Lots of great ideas here! Thanks!

  • @CJD-ls6uf
    @CJD-ls6uf7 ай бұрын

    This channel is amazing...

  • @calebsmith1454
    @calebsmith14544 жыл бұрын

    Nice man, best one ever!!!

  • @rushikeshkhamkar2090
    @rushikeshkhamkar20904 жыл бұрын

    best ever video on risk management thanks aaron love from India

  • @xingjianchen2161
    @xingjianchen21613 жыл бұрын

    Thank you. So many great advice.

  • @Francesco34pro
    @Francesco34pro4 жыл бұрын

    Thanks so much for this compilation,, you really do bring some of the best material for traders. Keep up the great work and god bless. Peace

  • @Madu_abuchi1

    @Madu_abuchi1

    3 жыл бұрын

    I appreciate your comment. you can contact my broker for more knowledge and assistance on trading.

  • @Madu_abuchi1

    @Madu_abuchi1

    3 жыл бұрын

    +. 4. 4. (7.8.6.8). 7. 2. 1. 0. 5. 1 WHAT$@PP

  • @nirupmalkani788
    @nirupmalkani7882 жыл бұрын

    Great video. Good learnings. Thank you.

  • @surething119
    @surething119 Жыл бұрын

    Last one was what I needed

  • @jacobmckinney5130
    @jacobmckinney51304 жыл бұрын

    Love this podcast! It would be awesome if you could interview Real life’s tradings, Jerremy Alexander Newsome!

  • @mannyk291
    @mannyk2914 жыл бұрын

    Excellent......... tanks for sharing!

  • @jdaniells1821
    @jdaniells18212 жыл бұрын

    Nice episode Aaron!!

  • @user-dl7lj5ww3b
    @user-dl7lj5ww3b4 жыл бұрын

    Amazing stuff!! More like it. thanks

  • @kippster88.6
    @kippster88.6Ай бұрын

    Thank you soo much for this!

  • @tonyfernabdo158
    @tonyfernabdo1584 жыл бұрын

    Wow you should be charging for this, thanks great job ! Subscribed

  • @jesusalba1989
    @jesusalba19893 жыл бұрын

    Thank you dude.

  • @sahadathhossain8553
    @sahadathhossain85533 жыл бұрын

    Aroon, Thanks a lot for your great job.

  • @RomilCPatel
    @RomilCPatel4 жыл бұрын

    You definitely need to make one called the best of options!

  • @edentaxi9274
    @edentaxi92742 ай бұрын

    Thanks for this information guys....

  • @QuantApplicantMattKulis
    @QuantApplicantMattKulis Жыл бұрын

    great episide you saved the best for last imo

  • @hamisintunzwenimana8083
    @hamisintunzwenimana80839 ай бұрын

    Good General / Technical 1. Position Sizing

  • @agentsancho3493
    @agentsancho34932 жыл бұрын

    Dan Shapiro is my damn guy. I love the energy.

  • @troyc382
    @troyc3823 жыл бұрын

    Just found your channel... Wow! Very impressed, thank you for creating such great trading content! Will forward to my trading friends! Cheers 🥂😊💹

  • @Madu_abuchi1

    @Madu_abuchi1

    3 жыл бұрын

    I appreciate your comment. you can contact my broker for more knowledge and assistance on trading.

  • @Madu_abuchi1

    @Madu_abuchi1

    3 жыл бұрын

    +. 4. 4. (7.8.6.8). 7. 2. 1. 0. 5. 1 WHAT$@PP

  • @iCodeForBananas
    @iCodeForBananas14 сағат бұрын

    Almost none of these comments understand how and why risk management is implemented. Convergent trader hit it on the head implementing the same risk reduction model that turtle traders used in their breakout method.

  • @lurning8985
    @lurning89854 жыл бұрын

    awesome, thank you

  • @brendanlydon5272
    @brendanlydon527211 ай бұрын

    Everyone had a quantitative way of defining risk and a really detailed explanation aside from SBF. I know hindsight is 20/20, but your biggest risk essentially being reasoned away as you were “unlucky” or “exchange risk” shows how unscientific that whole experiment was.

  • @AlexFoo89
    @AlexFoo893 жыл бұрын

    want to go broke? went all in! haha

  • @AV24274
    @AV24274 Жыл бұрын

    Funny, listening to SBF’s vague risk management plan in this, it all makes sense

  • @theshadishow
    @theshadishow3 жыл бұрын

    Very informal

  • @4xRomania
    @4xRomania4 ай бұрын

    funny seeing Sam Bankman on this podcast

  • @probingone8810
    @probingone88104 жыл бұрын

    OMG, thank you for this sampler I learned so much from Dan Shapiri, I'm going to watch his full episode!

  • @scarfo441
    @scarfo4414 жыл бұрын

    Is lattering into positions the same as staggering into positions?..if it is than me and andy kershner enter the exact same way..i found that when i stagger my entries i can set SL away from market noise..so even if the market turns(whch it always does) i have a sweet cushion,and since ive figured out how to tell he main trend,i enter with high confidence.

  • @CARLDUNGUS
    @CARLDUNGUS7 ай бұрын

    No way!!! SBF on the risk management episode lol!

  • @staykings6943
    @staykings69434 жыл бұрын

    Thank Aaron

  • @handyrams4664
    @handyrams46644 жыл бұрын

    One simple way, to avoid getting liquidated, is to hedge your position. Go spot long when you are in a losing short. You can take profit either way. And if it keeps going against you then you have a good idea of the trend direction.

  • @handyrams4664

    @handyrams4664

    4 жыл бұрын

    @@perkinskurt6147 how do you like your spam?

  • @robertkacala
    @robertkacala3 жыл бұрын

    49:54 best advice

  • @peterc9925
    @peterc99257 ай бұрын

    Learning about risk from Sam Bankman-Fried 😂 lol.

  • @karthiknallathambi5119
    @karthiknallathambi51192 жыл бұрын

    My favourite 29:33

  • @akashpantha
    @akashpantha2 ай бұрын

    🔥

  • @Gwdufsm
    @Gwdufsm4 жыл бұрын

    Dan Shapiro part hahahahahahahaha my lord

  • @Manleyworld
    @Manleyworld5 ай бұрын

    SBF on this episode is the come to Jesus moment.

  • @SnowmanTF2
    @SnowmanTF26 ай бұрын

    Sam Bankman-Fried seems to have guessed wrong on what his biggest risk was

  • @damonstone7131
    @damonstone71314 жыл бұрын

    I don't know this guy 17:54 but here are something very important

  • @mmccrownus2406
    @mmccrownus2406 Жыл бұрын

    41 minutes the arch criminal Bankman Fried.

  • @milos927
    @milos927 Жыл бұрын

    I have a question: With 70% Win Rate, there is 0,00059% of loosing 10 trades in a row. Why would I risk only 2%, if I risk the same amount every time, or 10% of my total capital per trade, I am mostly safe. Any thoughts?

  • @nepatriots77
    @nepatriots773 жыл бұрын

    What's "correlated number of shares?" 40:30

  • @bliaxiong6439
    @bliaxiong64395 ай бұрын

    SBF just went to prison...he didn't check his risk...

  • @WilsonMarky7
    @WilsonMarky7 Жыл бұрын

    Sam bank man fried said” it’s not like we have this machine that will keep printing money forever” lol

  • @laptoplifestyleromania569
    @laptoplifestyleromania569 Жыл бұрын

    ohh hahahah sam bankman fried talks about risk managment hahahahahahaha Lovely!!!

  • @jamessalis
    @jamessalis Жыл бұрын

    You should do a podcast on your interview with Sam bakeman-Fried. Now looking back, you can see everything he was saying was completely lies! He had no basis of good trading or management. It all was a scam.

  • @tradefree366
    @tradefree3667 ай бұрын

    SAM BANKMAN AT 41 MIN... LOL

  • @Zefirozu
    @Zefirozu Жыл бұрын

    Who would told us, SBF talking about Risk Management

  • @FundedFuturesTrader
    @FundedFuturesTrader4 жыл бұрын

    I worked and listened with my AirPods in.

  • @coolkidbmx6851

    @coolkidbmx6851

    4 жыл бұрын

    Wow you are special

  • @tonyparker1629
    @tonyparker16294 жыл бұрын

    SHOT OUT TO.. “KOBE BRYAN”..... DAN SHAPIRO..!!!!

  • @vikramjain9843
    @vikramjain98432 жыл бұрын

    Soo Nciet

  • @Berghiker
    @Berghiker10 ай бұрын

    Why is is that you always interview the traders that make the most money rather than the traders that have the best statistics overall?

  • @circulatemusic9850
    @circulatemusic9850 Жыл бұрын

    i just skipped SBF lol

  • @thinktwice7570
    @thinktwice7570 Жыл бұрын

    Andy Kershner, the Elon Musk of trading 😊

  • @urcanvasile1
    @urcanvasile12 жыл бұрын

    Ovaltine...what's the deal with that? they should call it roundtine

  • @airofd
    @airofd9 ай бұрын

    44:06 this does not age well Sbf lol

  • @richardwelch1641
    @richardwelch1641 Жыл бұрын

    40:46 aged well

  • @Bassieje
    @Bassieje10 ай бұрын

    Lol maybe it's time to remove Sam Bankman-Fried from this episode 😆