What if you could learn trading, with lower risk, faster account growth and with much less stress? Well it's possible, and you can do it even with a small account.
It's not only possible but it's just smart.
When I started trading in 2000 I was taught to find a good trade and get size. “It’s better to have one big position…”
I believed it, the guy sounded smart and he was persuasive. It’s bullshit. Here’s why-
Trading is about probabilities, not whale hunting. Sure it sounds great to hit a big trade, and then brag about it. The problem with this advice is risk and sample size.
You are accepting incredible risk on a one-shot trade. This guys focus was on the profit side, and how much we could potentially earn if that one trade worked out. It was basically all-in.
A huge problem with this concept, especially for new traders, is that you don’t have enough experience to make that decision.
In today's episode we explain how to get control of your trading and let your edge do the heavy lifting. We also break down sector rotation with a few new ideas.
Pete Renzulli | Stock Trading Pro
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