Tuesday, March 20, 2007

Resource Review: Trader Mike On Position Sizing

Trader Mike On Position Sizing

As many of you know, the Trader Mike blog is one of my top five blogs. It is also a great resource for new traders.

One of the best articles I have found on Trader Mike's blog is his great post on position sizing. Not only does Trader Mike do a great job of explaining why position sizing is important to a trader, he also provides several great links to other websites that will help anyone struggling with the concept. In addition, as does Chris Perruna, Trader Mike also provides a link to his position sizing spreadsheet.
Those unfamiliar with position sizing will be well served to take a look at what Trader Mike has to say on position sizing.

Trader Mike On Position Sizing

4 comments:

Anonymous said...

One of the most important issues with trading, yet how many actually do it? With the 95%-losers/5%-winners out there I take it that not many practice it.

Good post.

Anonymous said...

found you on thestreet.com this morning steve.... congrats.

Steven said...

Thanks for the heads up Eddie.

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