4min chapter

Stock Market Options Trading cover image

The Snow Fight Metaphor by Van Tharp

Stock Market Options Trading

CHAPTER

The Importance of Position Sizing

The amount of time it takes you to make those 100 trades will determine the growth of your account. The metaphor of 10,000 snowballs simply illustrates the importance of position sizing. Expectancy is also the average impact on your account per trade per dollar risk. I hope you found this episode as interesting and educational as I did when I first read it.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode