Most of the questions I get are about strategy: “Which pair is hot?”, “What timeframe is best?”, “Is this the right indicator?” Very few people ask, “How do I size my positions so I can survive 20 losing trades in a row?” But that’s the question that actually determines whether you’re still here next year.
My approach is simple but strict: fixed risk per trade based on equity, maximum portfolio-level exposure, and clearly defined invalidation levels where I accept I was wrong. I assume that drawdowns will happen, that surprises will occur, and that my job is not to avoid losses but to make sure no single trade – or single day – can destroy my capital. Excitement is for movies. In trading, what I want is durability.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Like this article? Show your appreciation by sending a tip to the author.
Leave Your Message Now