Accounts Quote by Randy McKay
“I'll keep reducing my trading size as long as I'm losing My money management techniques are extremely conservative. I never risk anything approaching the total amount of money in my account, let alone my total funds.”
About This Quote
Source Book: “The Trader’s Book of Volume” by Randy McKay, 2018
Advocates ultra‑conservative money management, reducing trade size when losing to protect capital.
In simple terms: Risk only a tiny part of your account.
Never risk more than a small fraction of your capital.
Themes
Mood
Type
When to use this quote
- daily trading
- portfolio reviews
- risk audits
- investment education
Key Concepts
Questions to Reflect On
- How do you balance safety with growth?
- When might a more aggressive approach be justified?
May limit potential gains in volatile markets.