At the start of our trading journey, it is a very common problem that newer traders use too much leverage. Why? They are excited, they are new, they don’t know what they don’t know, and they just want to make a lot of money. They want the kind of returns people with 5, 10, 15 years of experience are making - and they want it TODAY! So they trade big, and inevitably run into a bad trade…. Often just one single one… and lose a large part of their trading account. They are shocked! They are stunned - they become fearful, and become paralyzed by risk. Then immediately cut down their trading size to the lowest amount possible. But the returns are now SO SMALL - that it will take them 50 years to earn back their one trade loss. This really crushes your confidence. So today I want to discuss a few scenarios that could indicate you’re trading too small:

1. You are moving your stops to increase risk when a trade goes against you
2. You are moving your take profit orders when price gets close to them
3. You get into a trade expecting to lose, to get your stop hit
4. Your winners are small, but your losses are huge
5. You are trading money you cannot afford to learn with
6. You turn a day trade into a warren Buffet investment

These are the 6 signs we go deeper into, and explain how each one may be impacting your trading and what you can learn from it. I hope you enjoy the show. Resources

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