Pro opinions needed

Peace,

It's very simple. Find your edge. Backtest it. Would it have worked? Are the odds in your favor?

Losing money majority of the time, while making loads of cash when you have winners is better than making money majority of the time, and you're losers wiping you out.

Probability of winning + Payoff of the win.

Imagine 5% chance of winning with 50x return when you win. Probabilistically speaking you will make 0.65%-1.31% on every single bet depending on position sizing. Even tho you're losing money majority of the time, you end up winning in the long haul.

Find your system, find your edge. Not easy, very hard. Trial & error is important because calculating probabilities and expected payoffs in this market is hard, need to make small mistakes and figure it out.

Very simple. Almost elementary.

Peace,
Amahrix
 
Bekim said:
The tasty trade way they say trade small and trade often right? I believe the opposite, Trade seldom and trade large. Not large enough to blow up your account on one trade but somewhat large.
That being said I think you should trade as small as possible until you become consistently profitable and then start increasing the size
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yupp these are very nuanced points that people overlook most of the time
 
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