’I compile statistics on my traders. My best trader makes money only 63 percent of the time. Most traders make money only in the 50 to 55 percent range. That means you’re going to be wrong a lot. If ...

Position sizing is the process of determining how much to invest, or risk, in any single trade. Position sizing is different for active trading versus longer-term investing. In the case of short-term ...

Say you have $20 k in your account. And you have a perfect trade strategy or a trading mentor whom you follow. All is going well and you seem to be on the roll. You have had 2 good trades already ...