045: Jack Litle – Global Macro Trading, the Nature of Probability, and When to Place ‘Big Bets’
Chat With Traders
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How to Trade Smaller and More Effectively
How do you yourself sense when the time is right to take a larger position or bet larger sure? There are a number of factors that just sort of all come together and I used I used four four words to describe this recently and they were alignment resonance clarity and flow. So by alignment meaning if you're looking at this trade is are things above and below the trade in alignment with your idea so like if you're bullish on semiconductors does the whole tech space look bullish do other semiconductors stocks look bullish?" And then flow is is this a flowing market where you've got a nice counter trend and you're about to resume a nice trend or is it choppy and gross um
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