Locke In Your Success Podcasts

How Your Position Sizing Strategy Can KILL Your Trading Performance

Informações:

Sinopse

Does winning every trade for a three year period in one particular trading strategy sound like a problem? On the surface a trader might say, "Of course not!" In fact, we experienced a situation very similar to this scenario with the X4V17 trading strategy. This type of scenario could set up a trader with a poor or non-existent position sizing strategy for failure. If you are a person who relies on the income you generate through trading, you must preserve your capital. No capital, no income. The position sizing strategy you employ should grow your account systematically over the long-term. Learn to not fall prey to the siren's sweet songs and before you go all in be aware of the dangers of improper position sizing. Have a plan. Stick to a plan. Profit from the plan. This is the formula for having a long successful trading career. Get the full show notes at: https://www.lockeinyoursuccess.com/trading-performance-podcast-episode-15/ Subscribe to our email list to receive each podcast with all the notes and l