005: Steve Burns – What Separates New Traders From Rich Traders—and How to Cross the Divide
Chat With Traders
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Trade With One % of Your Trading Capital Per Trade?
You can trade relatively large with e even stock indexes, you just can't lose more than one %. You could put half of 25 percet of your account in the s an p 500 index, and a 50% if it's 50%. So that's one way to have a large position size and not to losing more than one percent. A lot of times i'll just do one trade at a time. I don't want to expose myself to more than three % total risk. If if i have three stocks in all three cause me to lose one %. That's a three % dragtin at one time. The most i want to on any bad day when i lose is
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