Most traders know that trading is risky business. However, they may not know how that they can minimize their risk. Fortunately, there is some great information online that tells you what you need to do to maximize your efforts. Some of the most valuable information tells you and others how to use best practices to get better results. From keeping a journal to record trades and looking for common trends to review this data using various kinds of software applications, people can use these best practices to get the best results possible.