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David Hanlon, also known as the Laptop Legend, discusses his risk management strategies in this video. He attributes his success in growing his account from less than ten thousand dollars to over a hundred thousand dollars in less than four months to his ability to manage risk effectively. Hanlon emphasizes the importance of getting out of a trade the moment he feels spooked, as he believes losing money is irreversible. He mentions being cautious and getting out of trades if they do not meet his expectations. Hanlon's key strategy is to always prioritize risk management in his trading decisions.
