In the markets, there are many available products you can use to take risk away from a particular trade or portfolio. Insurance can be extremely helpful and necessary when you need it. Listen in for our insights into this important topic and get some tips on how to approach using insurance including Put Options, Selling Call Options and Position Sizing. Before that, we analyze the markets from a top down perspective during our Market Skyline. Lastly, we play a game of ‘would you insure this?’
In this episode, we review the markets during the Skyline segment. The Feature Presentation is an interview with Christian Sisson about his recent writings in the Trading Justice Newsletter about The Holy Trinity of Trading, and specifically Position Sizing. Finally, it’s March Madness, and the boys go through their bracket picks for the NCAA basketball tournament.
How successful traders and investors are born? The first step is mastering Portfolio Design; the second is mastering Position Sizing. Above all, Position Sizing is an exercise of humility. We don’t move the markets, we follow them. They are indifferent to us and can be very hostile. They are not simple, but utterly complex and we don’t know the future. Only Position Sizing will be there for us when all else fails.
Money management is a critical concept yet is often overlooked by many traders. Episode 237 of the Trading Justice podcast covers this foundational topic and provides a roadmap to identifying the signs of poor money management. Description Money management is a critical concept yet is often overlooked by many traders. Episode 237 of the Trading…