
Sign up to save your podcasts
Or


Don't cauterize your winners. Let them run.
Position size your trades so that you can stay with them as long as possible. You can trade smaller if the vol is bothering you. Then backtest to see how the results would have played out.
You can blend two or more systems to smooth out your trading curve. Adjust your positions by conjugating them with the ATR.
Trade smaller with higher vol instruments and larger with lower vol instruments. Always risk the same amount per trade.
Make sure you are taking on enough risk to meet your financial goals.
You can haircut your equity when you are in a drawdown.
Trading using tiers for position sizes is amateurish as you inadvertently trade larger or smaller than what your optimal risk should be.
Optimal risk per trade can be calculated from backtesting.
Trade with consistent position sizing so that you are only risking the same percentage for each instrument.
One or two percent per trade is extremely aggressive in today's world. Think more along the lines of .1 to .2% per trade.
By Michael Martin4.9
109109 ratings
Don't cauterize your winners. Let them run.
Position size your trades so that you can stay with them as long as possible. You can trade smaller if the vol is bothering you. Then backtest to see how the results would have played out.
You can blend two or more systems to smooth out your trading curve. Adjust your positions by conjugating them with the ATR.
Trade smaller with higher vol instruments and larger with lower vol instruments. Always risk the same amount per trade.
Make sure you are taking on enough risk to meet your financial goals.
You can haircut your equity when you are in a drawdown.
Trading using tiers for position sizes is amateurish as you inadvertently trade larger or smaller than what your optimal risk should be.
Optimal risk per trade can be calculated from backtesting.
Trade with consistent position sizing so that you are only risking the same percentage for each instrument.
One or two percent per trade is extremely aggressive in today's world. Think more along the lines of .1 to .2% per trade.

3,364 Listeners

1,992 Listeners

590 Listeners

2,693 Listeners

103 Listeners

2,170 Listeners

805 Listeners

222 Listeners

2,647 Listeners

357 Listeners

298 Listeners

58 Listeners

9,971 Listeners

64 Listeners

29 Listeners