aquarian1 

Position sizing controversy the last two are in direct opposition to each other discussion here=> Discussion on Notes from Traders Talks and Vidoes Position sizing controversy Jon Boorman - only and always bets 0.5% (Jon has read van Thorp's Definitive Guide on Position sizing) Jack Little - bets big amounts on some trades and also adds on the way up What do people think of this opposite …

I am always suspect when someone says they only bet .5 % of their account a trade because I never hear this line of reasoning mention the correlation of their current positions.

As an extreme example it wouldn't make sense to say I only bet 1% per trade but right now I have 1% each long on ES, SPY, QQQ, NQ, YM and DIA. You can't just ignore the correlation of your bets if you are doing something like this.

Anyone who actually trades this way would figure out the importance of this correlation the first time they hit a bit of market turbulence.

John Moulton

VERY large spread trader of Government Bonds and Bank Bill

https://chatwithtraders.com/ep-163-john-rambo-moulton/

He quoted Jack Nicklaus because the parallels to trading:

Jack Nicklaus speaking of Hale Irwin who was receiving a great prize:
"Hale Erwin is a great manager of himself and the course. "
and to anyone:
"Know who you are, play your game and believe in yourself."

I liked this video where @mattz interviews Jack Schwager.



There are many takeaways from the video, from adapting to changing markets to the various personality types of a trader.

I liked in particular Schwager's recounting of some traders who failed at the beginning but kept coming back.

Better System Trader

@Grantx

(Peace offering)

EP 065: How to master trading psychology, and introduce new best practises w/ Brett Steenbarger

https://chatwithtraders.com/ep-065-brett-steenbarger/