Position Sizing
Your strategy can have an edge and still fail you if the position size is wrong.
Practical topics for traders who want to improve the process behind their charts.
Your strategy can have an edge and still fail you if the position size is wrong.
One winning trade proves nothing. Collect enough data to understand your strategy.
You don't get paid for being active. You get paid for following a good process.
A controlled loss is part of trading. An uncontrolled loss can damage the business.
Sometimes the best trade is the trade you don't take.
Quality over quantity. If your plan is complete, you don't need to keep trading.