Paul Tudor Jones: Risk control is the most important thing in trading

Paul Tudor Jones: "If I have positions going against me, I get right out; if they are going for me, I keep them... Risk control is the most important thing in trading. If you have a losing position that is making you uncomfortable, the solution is very simple: Get out, because you can always get back in."

Most of people only focus on how much this trade could make. Never think about what if it lost.