Market Mind Meals

How To Use Position Sizing and Progressive Exposure To Improve Your Performance

Informações:

Sinopsis

A question came in from one of our community members Mark Cass. He uses progressive exposure (increases size when things are working, decreases size when they're not). He starts with 1/4 positions and asked if it would make sense to start with even smaller 1/8 positions. There's several questions we can ask to help Mark come up with the answer that will be best for him. 1. What's his financial objective? (what is he trying to accomplish with smaller positions?) 2. What measurements trigger scaling up? 3. How quickly do scale-ups happen? 4. How quickly do scale-downs happen? 5. Does he have a journal where we can go back and see how tweaks would have affected prior trades? Check out the Trading Mindwheel Virtual Conference: https://www.youtube.com/live/Sy3dpjqx... Order the Trading Mindwheel book: tradingmindwheel.com WANT TO GET COACHED LIVE ON A FUTURE SHOW?? BOOK A TIME HERE: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://calendly.com/marawealth-mike/morning-coffee-w-mike⁠⁠⁠⁠⁠⁠⁠⁠⁠ The show aims to talk with you daily,