What’s up Traders! Position Sizing is key in Trading. For years I struggled with the thought that if I traded the same size contract for every trade that I was being consistent and would find consistency in my trading. That didn’t work out for me. What I ended up learning is that I only needed two rules when determining my position size and that was how far was my entry price from my stop price and what was my risk per trade. This became an “aha” moment for me in my trading. Looking forward to reading your comments from this show 🙂
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If you enjoyed this show be sure to listen to these other episodes:
Learning To Lose In Order To Win – Merritt Black
Listen To Price – Brian Shannon
Spotting Trends Quickly – Christian Fromhertz
Time, Price, Volume, Volatility – Raghee Horner
You Are Your Edge – Steven Goldstein
Consistency Is In Process, Not In P&L
Trading Election Night & Fundamental Edge – Kushal Thaker
Statistical Edge vs Trading Psychology – Anthony Crudele
Fundamentals in Crude Oil – Samir Madani
Execution is Edge – Anthony Crudele
Creating Statistical Edge – Matt Ratliff
Linda Raschke’s Edge in Trading- Linda Raschke