By: ShortMeTina
Position sizing is something I reference to often when talking about my trades. It’s different for everyone. That is, if you ask 20 traders about position sizing; you will more than likely get 20 different answers. So, I am not here to debate what’s the better approach. Although, I would like to hear your thoughts behind it (drop your comments at the end of the article) At any rate, I see position sizing as a necessary nuisance (there are times I want to put 100% of my money behind a trade-but I wont) to trading survival.
Comments
By ShortMeTina
How often do you check the quote of a stock you own? If you’re anything like me; you’re usually plugged into the market 12-15 hours out of any given day. I want to say; since early 2000s; not one single day has gone by without me checking a quote in some fashion or another. This, in my opinion, is beyond ‘crazy’ behavior and can possibly work against you if you’re not careful. |
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