Sep 26, 2018
Trading is a probability game.
But the probability of the success of each trade changes every single time.
While the market conditions of today may reduce the probability of a trade by 50%, tomorrow the conditions may increase the probabilities.
So, it doesn’t matter what trading system or strategy we trade… we cannot treat all trades equally.
If a trader has a proper understanding of this, it can be leveraged to improve performance, sometimes radically.
How, you may ask?
Dynamic position sizing (DPS).
It’s an idea that goes far beyond the conservative way of thinking in trading.
It’s a simple but out of the box idea that can make a huge impact in your trading… if it’s applied correctly.
So, here’s what you’ll discover in today’s podcast:
Do you have any trading questions you’d like answered? Submit them here, and we may cover them in a future episode!