3 Simple Steps to Quickly Grow a Small Trading Account

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1️⃣ Define a Repeatable Edge

A basis of any successful trading system is having an edge over a series of trades.

Without a well studied edge, you cannot succeed in the market.
Example of edges:

Trend system
* Trading during the power trend
* Trading stocks that are in uptrends
* Trading GROUPS that are in uptrends

High Volume Edges
* Highest Volume Ever (HVE)
* Highest Volume in > 1 Year (HV1)
* Highest Volume Since IPO (HVIPO)
2️⃣ Define Entry Tactics from that Edge

Once you have an edge, you need an entry tactic.

Entry tactics are repeatable and definable. You should know your entry and exit points before ever placing a trade.
Examples of entry tactics:

Trend system
🟢 Enter on two closes above a KMA
🔴 Exit on two closes below a KMA

High Volume Edge
📊 High Volume Close
📊 High Volume Support

Edges & Entry tactics have to be repeated CONSISTENTLY to reduce randomness when trading a small account.
3️⃣Position Sizing

To grow a small account quickly, one needs to position size in such a way that a big winner will grow the account sizeably.

This level of position sizing is only achieved through rigorous $STUDY of your edges and entry tactics in the market.
Examples of how to position size:

🟢The more edges and entry tactics that align, the greater the size.
🟢The fewer edges and entry tactics that align, the lower the size.

This is KEY to consistently sizing big when you have an edge over the market.
Again, position sizing boils down to confidence in your edges & entry tactics.

This confidence is built through accountability and consistent $STUDY of your system and its 🔑 components.
4 Points of Emphasis 👇

✅Edges, Entry Tactics, and Position Sizing are key components
✅ Consistency in action and $STUDY
✅ Recording stats on what is working vs. not (business mindset)
✅ Develop big conviction through $STUDY
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