Learning risk management requires doing it yourself. Average trader risks 2-10x more than should.

underwater for a bit, they were up for a bit. And that's a learning by doing activity. And I think that's something that people try and shortcut and they can't because it's impossible to know how you're going to react when you're in the biggest trade of your life. And you have a lot of money at risk if you get stopped out. I think one of the biggest mistakes people make early on is they're overbedding. They're over sizing. We talked about this already. Martin Screlli did a interview with the TPBN guys not that long ago when Leopold blew up. And he said, I think the average trader is probably risking two to 10x more than they should. And he's like, if you have a 60-40 edge, meaning you win 60% of your trades, if you overbet, no matter how many times you run it through that simulation, you blow up. No matter what, because eventually you're going to go on a losing streak. And if you're overbedding, you'll nuke your account. So it really just shows you how important dialing in your risk management and getting comfortable with that money that you have at risk, you know, your 10% of your net worth in the market being willing to let that go to zero and being okay with it. And I think that's one of the main things that people have no concept of early on. Anytime I put on a trade, in theory, once that trade is odd, I assume that that money's gone. And once you're comfortable with the worst-case scenario...