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The Truth About Day Trading Stocks: A Cautionary Tale About Hard Challenges and What It Takes To Succeed by Josh DiPietro

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PART II
The Truth about Your Risk
 
 
 
In terms of the potential for heavy financial losses, day trading is a high-risk profession. No one should contemplate day trading without giving thought to the ways he can lose, and all the ways to lessen or avoid them.
I’ve elaborated on the primary areas of risk. This part offers some vital techniques that can greatly minimize losses. Risk management and budgeting are deterrents to gambling, which day trading must never become. My goal in this part is to have you come away understanding how to budget for training, and also how to decrease your risk.

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