There are far too many misunderstandings about position size.
Do not decide position size from how much money you want to make.
Do not decide it from subjective confidence.
Do not decide it by copying someone’s 2 percent rule.
Correct position size is mathematically derived from the performance of your strategy.
If variance and distribution appear differently depending on the strategy, then of course the size required to collect samples safely will also change.
🚨 IRAN WAR: Day 69 (May 6)
CWSI drops to 5.8/10 as Trump pauses Hormuz escorts & deal memo nears.
S&P 500 @ 7,280 (new highs) — war losses fully recovered.
72-96hr window to final agreement.
Your move, markets. 📉
#IranWar#SP500#Geopolitics