15 Years of Trading Risk Management in 20 Minutes

TheOneLanceB Trading Podcast

Mar 27, 2026•20 min

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Episode description

WATCH LATEST EPISODES ON YOUTUBE - https://www.youtube.com/@TheOneLanceB

Without proper trading risk management, I wouldn’t have made $100M+ as a full-time trader. When you learn to trade, you have to learn trading psychology and trading risk management to be successful. This video will cover how I handle risk in my trading, how to calculate the risk-reward ratio before every trade, and mistakes to avoid in trading.

✅ Join my trading course ➡️: https://theonelanceb.com/

🐂 All free content is sponsored by Clear Street, my broker of choice! https://tinyurl.com/ClearSt-Lance

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🎥 Watch These Next:

How I Lost $2M in 1 Trade: https://youtu.be/5wxNwS-FtZQ

The Art of Betting Big: https://youtu.be/tIB72PAeZLU

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If you’re new to my channel, my name is Lance Breitstein. I spent over a decade trading equities at Trillium, setting the record for highest PNL in a single year as their Top Trader. I trained dozens of traders to become successes while managing Trillium’s Chicago office. With over $100m in verified profits, I now spend my time focused on turning good traders into greats and greats into GOATs. Advisor to SMB Capital and mentor of 7- and 8-figure PER YEAR traders. I am to be profiled in the next edition of Jack Schwager’s Market Wizards.The journey is never easy. Trading is one of the most difficult, but most rewarding jobs imaginable. I am here to help you on your path, wherever that leads you.May you want it bad enough to overcome any obstacles.-(The One) Lance B---------------------------------------------

Chapters:

00:00 15 Years of Trading Risk Management

00:31 Have a Daily Loss Limit

02:09 Every Trade Needs a Stop Loss

02:55 Never Let Goals Dictate Risk

04:12 Never Be At Risk of Game Over

05:35 Position Sizing

07:20 Make the Most of Your Trade Setups

08:37 Build a Drawdown Protocol

09:18 Protect Your Mental Capital

10:39 Risk Management = Iteration

13:36 Expected Value Drives Decisions

14:19 Beware of Shorting

15:41 Never Risk So Much It Hurts Your Psychology

16:40 Don’t Extrapolate Your Growth Linearly

18:11 Build Systems That Enforce Discipline

19:13 Risk Never Disappears

DISCLOSURE Information shared here is for educational purposes only. This is not investment or trading advice. Make your own independent decisions. Full terms: https://theonelanceb.com/terms-of-service/