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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.” quote by Randy McKay
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“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.”

Randy McKay

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.

Key Takeaway

Never risk more than a small fraction of your capital.

Themes

risk management conservatism trading discipline capital preservation

Mood

cautious analytical

Type

educational advisory

When to use this quote

  • daily trading
  • portfolio reviews
  • risk audits
  • investment education

Key Concepts

position sizing loss aversion financial safety nets

Questions to Reflect On

  • How do you balance safety with growth?
  • When might a more aggressive approach be justified?
A Different Perspective

May limit potential gains in volatile markets.

4.8 out of 5 (6 ratings)

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