Risk Management Trading Strategy with Robb Reinhold

In this conversation, Robb Reinhold discusses the importance of risk management in trading and shares his personal journey in the trading world. He emphasizes the need for self-awareness and training the brain to make rational decisions in high-pressure situations. Robb also introduces his YouTube channel, the Flat Earth Trading Society, where he explores the significance of exit strategies in trading. Additionally, he provides information about Maverick Trading and Maverick Currencies, prop trading firms that back traders with capital.TakeawaysRisk management is crucial in trading and involves making correct decisions based on a trading plan, especially when faced with adversity.Training the brain and developing self-awareness are essential for successful risk management.It takes time and experience, typically around five to seven years, to master risk management in trading.Exit strategies are just as important as entry strategies in trading, and the Flat Earth Trading Society YouTube channel explores the significance of exit strategies.Maverick Trading and Maverick Currencies are prop trading firms that provide traders with capital and support.youtube:https://www.youtube.com/@FlatEarthTradingSocietyhttps://mavericktrading.com/Chapters00:00 Introduction and Background03:23 The Importance of Risk Management07:09 The Difficulty of Implementing Risk Management10:03 Developing Self-Awareness and Training the Brain13:15 The Time it Takes to Master Risk Management20:44 The Relationship Between Risk Management and Strategy25:34 The Flat Earth Trading Society YouTube Channel32:21 Future Plans for the YouTube Channel34:03 Maverick Trading and Maverick Currencies36:14 Conclusion Grab your copy of the Complete Trading System This book teaches you how to build a trading system from the ground up and how to become profitable in the markets. Support the Show.Connect with Casey: Website: https://caseystubbs.com YouTube: https://www.youtube.com/TradingStrategyGuides YouTube: https://www.youtube.com/caseystubbs Facebook: https://www.facebook.com/TradingStrategy LinkedIn: https://www.linkedin.com/in/caseystubbs Twitter: https://twitter.com/caseystubbs TradingStrategyGuides.com: https://www.tradingstrategyguides.com/ Global Prop Trader: https://globalproptrader.com/ Email: podcast@tradingstrategyguides.com

Om Podcasten

Welcome to "How To Trade It," for traders ready to elevate their trading journey. Do you want to excel in trading and refine your strategies to achieve market success? You've found the right podcast! Hosted by seasoned trader, Casey Stubbs (read on to learn more about him!), this podcast is your entry to trading mastery.Why is "How To Trade It" your unstoppable trading companion? It’s more than just a podcast; it’s a masterclass in trading excellence. Our episodes are rich with actionable insights from individuals who've jumped their trading hurdles. Our mission is to arm you with the practical knowledge and astute strategies essential for trading profits.Every episode features brand new trading wisdom and missing one could mean bypassing crucial insights pivotal to your trading ascent. Engage with real-life trading narratives, learn from proven tips, and enhance your decision-making in the bustling trade marketplace.Host, Casey Stubbs, isn’t just a seasoned trader; he’s a recognized authority in the trading realm with a notable track record of guiding others to trading success. His expertise will prove to be transformative to your trading life as he helps you on your journey to becoming a successful trader. Connect with us at podcast@tradingstrategyguides.com and explore a wealth of trading resources by visiting our website https://tradingstrategyguides.com. Trading success is just a click away. Listen to "How To Trade It" and reshape your trading narrative towards success today!