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Account Position Size and Initial Trade Size

QuestionsCategory: QuestionsAccount Position Size and Initial Trade Size
nyth asked 4 years ago
Hi Pat, New member here from VA. I love the way you trade because it's super simple and easy to follow and understand. Question on position size. If I have 50k account. Would you recommend me dividing my account by 5 so I do max 10k per stock. Or would you recommend a higher number like 6 or 7?  In your past videos you mentioned if you are willing to put 10k in a trade...start the trade with an initial position size of 50% so 5k. As a new member I see your recent trades start with an initial size of 20-25%. Is that because the market is choppy so you are lowering your initial position size? Thanks         
2 Answers
Avatar photoOwen Staff answered 3 years ago

Hi Nyth,
I made this video for you:
https://www.youtube.com/watch?v=2p99N2Tn-0U

Stephen Rager answered 3 years ago
Thank you great video! Very helpful!