Enhancing Trader Performance: Risk Versus Uncertainty

via SMB Capital – Day Trading Blog:

*****One blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading is David Blair, The Crosshairs Trader. Below is his latest post for the SMB Trading Community. We hope you enjoy!***** — Editor’s Note

Do traders manage risk or uncertainty? Is there a distinction between the two? Does it matter? When we hear the Wall Street maxim that “the markets hate uncertainty” or the trader’s maxim “manage the risks and profits will take care of themselves” what do they mean? Should we passively accept such long held maxims at face value?

Traders do manage risk. We do so when we put on a trade risking X amount of money to make Read more [...]

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SMB Capital – Day Trading Blog

Enhancing Trader Performance: Risk Versus Uncertainty

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