How to Trade Less and Avoid Losing Your Account

A fear based tactic is the opposite. Usually we want to avoid doing stuff. And I don't want to ruin my winning streak. That losing streak must be around the corner. Akil says, so I'm going to reduce my position size in order to avoid it. There are some very good techniques and tactics on reducing position size as you get towards the end of winning streaks. But you need to be smart with how you do that. Most newer traders aren't. They're doing all of this based off emotion or feel. So having a position sizing strategy is important.