Most of the trading literature is focused on optimizing Entries & Exits and rarely Risk Management is discussed in depth, whereas the truth is that with a conservative risk management model you can win in the markets with even toss of a coin as entry signal. So, effort of traders should actually go in the following order: Risk management --> Exits --> Entries. Please note that it is the exit which decides how much money you will make in the trade not the entry. -- Kamlesh Uttam
