188: Best of Risk Management, Pt. 1

This podcast episode delves into the multifaceted nature of risk management in trading through interviews with seasoned traders and experts like Blair Hull and Dan Shapiro, offering valuable insights ranging from learning lessons from blackjack to establishing systematic risk frameworks. Emphasizing that drawdowns are a natural part of trading and the necessity for human oversight in high-frequency environments, the episode underscores the critical importance of adapting strategies based on market alignment, understanding losses, and fostering continuous innovation in various trading contexts.