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Trading Masterclass: Risk Management | Market Wizard Tom Basso

The TraderLion Podcast

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The Importance of Position Sizing

Richard: The market never does the same thing exactly you know again it always throws new wrinkles at you. buy force by parameters and optimizing the heck out of everything to make a perfect system for the history is not going to work. Attack risk rather than defend it against it position sizing is far more important than people realize if you do it real locating between strategies will improve your return to risk ratios. mental side is more important than your indicators quit obsessing over your bicell indicators and spend some time on your position sizing, Richard says.

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