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Risking half your stack on every trade is obviously stupid
But risking too little on A+ setups is almost as bad
I see lots of guys who risk the exact same % of their portfolios on every trade
But fixed position sizing leaves edge on the table and limits your opportunities to make money
Whereas variable position sizing allows you to go heavy when you have aces in the hole
Nothing wrong with risking more on highly asymmetric bets or setups that tick all your boxes for an A+ trade
The skill is in recognising which setups deserve the higher risk
Liquidity sweep into XAUUSD range → rejection
But this is chop until proven otherwise
In ranges, I don’t chase mid moves
Key level: range high
• Acceptance above = continuation
• Rejection = rotation back inside
What do you see here?
#XAUUSD#Gold#TradingBots
Five Rules for Trading
1. Always manage your downside
2. Pay yourself when money is available
3. Take A+ setups, ignore everything else
4. Don’t fight the flow, trade with the trend
5. Walk away when emotions are high
Joe Rogan has had the world’s top health experts on his podcast.
They’ve revealed some mind-blowing facts that 99% of people wouldn’t know.
Here are my top 8:
@AlpacaAurelius Easy answer:
- phones have ruined our sleep
- we’ve become disconnected from other humans
- we’ve gotten fat
- we’ve gotten weak
- we eat processed foods
- we fear confrontation
- we don’t get enough sunlight
Friends @tradingview hooked me up with a premium account to giveaway ahead of their Black Friday sale
To participate, give us a follow, retweet, and share your TradingView handle in the comments.
I'll pick a winner in 24 hours, cheers fellas
https://t.co/UveROD6ZNf
This is Portugal:
- 0% tax possible on overseas income
- EU citizenship in just 5 years
- 300 days of sunshine
I’ve lived here tax-efficiently for 3 years.
Here are 7 reasons why the “California of Europe” is the ultimate expat haven: