Mastering Risk Management

Mastering Risk management shows how smart traders and investors focus on survival before profits. It explains why managing losses, controlling emotions, and following rules matter more than predicting the market. The book emphasizes discipline, patience, and probability, helping you stay consistent and protect capital over the long term.

Key Points
• Risk management comes before profit
• Capital protection is the top priority
• Small losses prevent big damage
• Position sizing controls exposure
• Emotions are a hidden risk
• Discipline builds consistency
• Probability matters more than predictions
• Long term survival creates success