As discussed in Pt. 3 of @chatwithtraders, one trick I would use to help my sizing was a notecard on my desk w my exponential (NOT LINEAR!) bet sizing amounts that I should be aiming for. This had two huge benefits:
1. It would force me to constantly grade my trades before I get in them while I’m in them.
2. It removed all discretion and simplified my mental processing. Essentially, it freed up my RAM to focus on other stuff.
It also makes increasing your size easy. When sizing was my DRC goal, I’d aim to increase my risk by roughly 10% every month. That gradually doubles your size over 7 months!!
Sometimes the simplest solutions are the best ones.
Post Tags: trading