The Importance of Scaling Your Position Size

A lot of volatility has forced me out of a number of stocks. So as I start to wait in the market, I'm not going with a 10, 15% type of positions or trying to build up to that. To me, it's more about in this type of environment. Smile Direct Club is kind of a controversial stock from what I've seen. It's back above the 50 to 20, the 50 and the 200 day moving average,. Or you have a 21 on there, the same thing, basically.