Summary:

- The episode discusses total exposure in copy trading—the overall risk from copying multiple strategies, considering how they correlate.
- Key steps to manage total exposure:
- 1) Define your risk profile and bankroll. Set a per-trade risk of about 0.5%–2% of your bankroll (e.g., €50–€200 per €10,000). Also keep a safety cushion for surprises.
- 2) Measure total exposure by summing individual trade risks and adjusting for correlations; avoid concentrating risk in one event or asset family.
- 3) Position sizing uses the formula: position size = (bankroll × risk%) ÷ stop distance. Stop distance should reflect recent volatility (e.g., ATR or average daily range).
- 4) Use stops and realistic profit targets; don’t chase zero risk. Consider taking profits once risk is recovered to avoid reversals.
- 5) Diversify wisely: avoid strategies that rely on the same data sources or headlines; diversify across assets, time horizons, and styles (short, mid, long term).
- 6) Monitor and review regularly (weekly reviews, monthly risk/performance reviews); adjust sizes or pause strategies if drawdown nears limits.
- 7) Establish exit rules and contingencies to cut losses and lock in profits; write these rules to reduce emotional decisions.
- Practical notes include examples, questions for listeners, and a call to follow the author’s strategies via links in the description and Telegram group.
- Takeaway: healthy total exposure comes from limits, measurement, disciplined sizing, sensible diversification, and regular reviews, turning the portfolio into a coherent strategy rather than randomness.
- The episode ends with encouragement to subscribe and share, plus contact information for Andrés Díaz.

Remeber you can contact me at
andresdiaz@bestmanagement.org