Rick Swope, Pro Market Advisors: risk management for traders

125 views · Published 15 March 2017 · 3:16 · Indexed 14 November 2026

Channel: MoneyShow · 2017 · Education

Watch on YouTube

When it comes to risk management, Rick Swope of Pro Market Advisors describes what drives traders. “These two things: risk aversion and loss aversion. In risk aversion, you have a profit and you sell too early. In loss aversion, you actually go with a loss in order to avoid it. We have to recognize and accommodate it. You have to get away from an emotional decision and go to a disciplined decision,” he says at TradersExpo.

More from this channel

• 5:03 Determine the Market's Trend, Use Pivot Points

  MoneyShow

  1,495 views · 14 January 2009

• 6:21 Trading Strategies, Charting Techniques, Technical Analysis

  MoneyShow

  1,181 views · 19 January 2009

• 3:04 Trader Predicts Dow 7200

  MoneyShow

  2,207 views · 19 January 2009

• 1:26 Frequent Candlestick Patterns Found in 15 minute Charts

  MoneyShow

  3,398 views · 20 January 2009

• 5:03 Market Trends and Pivot Points with John Person

  MoneyShow

  2,107 views · 21 January 2009

• 5:40 Wayne McDonell's Market Analysis Techniques

  MoneyShow

  2,180 views · 21 January 2009

• 7:48 Commonly Used Moving Averages with Greg Capra

  MoneyShow

  3,307 views · 23 January 2009

• 2:20 2009 Stock Market Investing Strategy from Joe Battipaglia

  MoneyShow

  1,564 views · 23 January 2009