Summary: Position Sizing

Notes on Jul 8, 2022

After journeying across the globe with Newbie Ned, and through some basic position sizing examples, you’re well on your way to becoming a competent risk manager.

Now knowing how to set the correct position sizes is only a part of what it takes to become a pro at risk management.

The other part is discipline.

Lack Trading Discipline

Stick to your stops and pre-determined risk comfort levels and you’ll be sure to have enough after your losses to take advantage of future profitable opportunities.