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Having a system with strict rules for position size is critical to preventing catastrophic account losses.
“It is very hard to blow up an account if you have a system that has rules for position size. Perhaps 1% of the account is at risk in one trade. That's, you know, a good rule to to have.”
The Rich Dad Channel · Mar 2026 · 1 episode · 3K views on this topicExtracted by a model; may misattribute who said what.