8:19I Stopped Trading On Feeling; It's Why I'm Profitable
585K views · 1w ago · 8:19
Casinos have the edge and still cap your bet. Here's why, and what it means for every trade you size. Should you ever size up a trade because you're sure you're right? Tom Sosnoff has traded for 45 years and made over a million trades, and he answers a viewer's question by comparing the four big position sizing systems: fixed fractional, the Kelly criterion, volatility-adjusted sizing, and the Martingale doubling strategy.
Topics: Should you size up on conviction? · What trading conviction really is · Fixed fractional position sizing · Kelly criterion pros and cons · Volatility-adjusted position sizing · Martingale: why doubling down fails











