Short YouTube video (Kardec Trader) advising new traders to keep position risk consistent and minimal. The speaker emphasizes controlling what you can (risk per trade), avoiding large drawdowns or account blow-ups, and trading with small, steady risk over long periods to stay alive and build confidence.
Keep your risk consistent. Risk is the most important part of trading, guys. If we want to become profitable and successful traders, we have to control one of the things that we have control over, and that is risk. How much risk do we put on each trade? How do we stay consistent with risk, especially starting out? Because starting out, our main goal is to stay alive as long as we possibly can. We want to be able to put on as many trades as we can without having massive drawdowns or massive blow ups in our account. So in order to do that, we keep our risk consistent, we keep it minimal, and we keep it going for a really long period of time until we allow ourselves to build confidence.
