As of right now I am winning 40% of the time. Not exactly where I would like to be. I have noticed a major flaw in my trading... That being I have allowed my position sizes to spiral out of control. My first few trades were 500-700 shares each I began buying more shares each trade. My losses have become larger than my gains because my position sizes have spiraled out of control. I have limited myself to 500-700 shares each trade, and plan on sticking to that strategy. Im not sure if anyone else has experienced this while sizing a position but if any one has I recomonde taking a step back and listening to Tim Sykes!
Posted Feb 10, 17 4:42 PMbyBrandynladd
Received 1 Karma
Good strategy, because even small positions can put you in the profits with the right set ups. "Aim small, miss small"!
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