Want to trade larger positions?
This applies to trading shares or options.
Most people get drawn into options because of the gains you see.
Remember if you see big gains that also means you can have big losses.
Here are 3 tips to sizing up.
THREAD...
This applies to trading shares or options.
Most people get drawn into options because of the gains you see.
Remember if you see big gains that also means you can have big losses.
Here are 3 tips to sizing up.
THREAD...
Trade small until your consistency improves.If you're having issues with small size what makes you think you can handle big size.
Going bigger on options will take time just focus on consistency and you will get there.
When you're ready to size up be realistic If you trade 4 contracts now you're not ready to size up to 100
If you size up too fast you're wasting time because you will have to size down from a big loss you were not prepared for
Size up gradually. This applies to shares also
Always focus on trading properly.Too many traders focus on the money and have issues sizing up forever.
If you trade properly with a small size then you will do it with a bigger size.
Trading with a big size requires trading properly if you want to stay in the game forever
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