Trading bigger is much easier than trading with edge.
I am working with a developing trader, nearing 15 months of live trading. He is starting to trade with edge.
I am seeing 3/5 days of trading profitably.
I am noticing in his reviews a specificity of setups that he is trading. He is not trading for stocks to finish higher or lower for the day. He is trading for a stock to trade lower or higher from a given point with specific variables. This is the essence of short term trading. He gets it.
I am noticing a nice string of $600-700 days, with an occasional 1kplus day.
I am noticing this trader trading withing his guardrails. We call trading below your intraday stop, trading within your guardrails.
And recently I have noticed a thirst to be trading bigger in his best setups. You might say a thirst too great. But this is common. I see this with retail and new and developing traders in my inbox and chats with them on the road. It highlights an important teaching moment for developing traders.
Oh if they just understood how much more important it is to trade with edge than to trade big. Oh trading with edge is soooo much harder. I cannot think of a trader we have developed to trade with edge, who failed to develop into a bigger trader. However, we have had many traders who failed to ever develop edge, while training with us.
Man if you can trade 3/5 days profitably. If you know your setups best for you in specificity. If you can trade within guardrails. That is one powerful place to be in as a trader. We can get you bigger from here. You really have a chance to be a pro trader from here.
Trading your best setups bigger is so much easier than discovering and executing in real-time on setups with trading edge.
*no relevant positions