Measuring Your Risk
Swing Trading the Stock Market
Ryan Mallory
4.7 • 831 Ratings
🗓️ 26 July 2022
⏱️ 21 minutes
🧾️ Download transcript
Summary
Ryan Mallory digs deep on measuring risk as it pertains to position size and stop-losses and how to take into account headline risk for your swing trades.
Whiskey: Benchmark Small Batch
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Transcript
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| 0:00.0 | Hey, I'm Ryan Mallory, and this is my swing trading, the stock market podcast. |
| 0:11.3 | I'm here to teach you how to trade in a complex, ever-changing world of finance. |
| 0:16.2 | Learn what it means to trade profitably and consistently, managing risk, avoiding the pitfalls of trading, |
| 0:22.1 | and most importantly, to let those winners run wild. |
| 0:25.4 | You can succeed at the stock market, and I'm ready to show you how. |
| 0:30.1 | Hey, everybody, this is Ryan Mallory with Swing Trading the Stock Market. |
| 0:33.5 | In today's episode, it's going to be a good one. |
| 0:35.3 | We got a lengthy email from a guy that we're going to call. It's a good Florida redneck name. Also apparently a good name to name your dog. No offense |
| 0:55.3 | against the guy who wrote the email. I'm not basing it all for that. But in any case, Chester |
| 0:59.6 | writes, Ryan, I've been following your podcast and also a subscriber for a while now. I really |
| 1:04.5 | appreciate what you do and offer for the community. My question is about risk. As my account has |
| 1:09.1 | ebden flowed over the past two years of genuine |
| 1:11.5 | effort at trading, unfortunately not just straight up, I've gotten into the habit of taking the |
| 1:16.6 | same position size and risk percentages. That is until recently when I took some money out of my |
| 1:21.2 | brokerage account to cover some other expenses, like a down payment on a bottle of blantons. |
| 1:26.9 | Just kidding, he writes. |
| 1:28.5 | That didn't actually happen. |
| 1:30.3 | And realized that this withdrawal was significant enough to change my risk calculations |
| 1:35.3 | and therefore should go back and change my position sizes or math. |
| 1:39.0 | I had gotten so much into the habit of the same math based on the account size that I was trading with, |
| 1:44.8 | that I had to go back to the books to buff up some facts and standards of risk management. |
| 1:48.3 | It was at that point I asked myself, what would Ryan do? |
... |
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