Position Sizing – How Important Is This To Your Trades And How To Be Smart About It
When trading the markets there are several factors you need to balance in order to be successful
. It is not easy I'd say, but you do have to do your homework. Sometimes you will be browsing around the web, looking for interesting articles and setups for certain market conditions. That is fine, but next time you are reading one of these, search if the author says or even mentions something about position sizing. Most don't and that is a big mistake. From the example above, you have seen how important a good position sizing is. So, next time you are thinking of starting a trade, spend the same amount of time in the search of a good setup as you spend in deciding on HOW MUCH you should put in that trade.Position Sizing How Important Is This To Your Trades And How To Be Smart About It
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