043: Jon Boorman – Buying Stocks in Uptrends, Managing Risk, and Tips for Long Term Survival
Chat With Traders
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How to Trade on a Small Account
With small accounts, you should actually move to even longer timeframes with wider stops so that you have smaller positions. If your stop is 20% away, it will mean it's over a longer timeframe. I actually think it should be the other way round. It actually, most people, they go the other way because they then think that they have to build up their capital and end up trading shorter timeframes and trading more frequently.
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