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Podcast: Locke In Your Success
Episode: How Your Position Sizing Strategy Can KILL Your Trading Performance
Description: Does winning every trade for a three year period in one particular trading strategy sound like a problem? On the surface a trader might say, "Of course not!" In fact, we experienced a situation very similar to this scenario with the X4V17 trading strategy. This type of scenario could set up a trader with a poor or non-existent position sizing strategy for failure. If you are a person who relies on the income you generate through trading, you must preserve your capital. No capital, no income. The position sizing strategy you employ should grow your account systematically over the...