Sometimes subtle changes in your trading strategy can have big impacts. For many it's as simple as giving their stop losses more room or sizing a little bit smaller. This gives more room for error and makes it less likely that you get wicked out on some "random" stop hunt. For many, this feels counter-intuitive if they want to make more money. But obviously if your win rate goes up considerably because of it, you will usually yield a better return in the end, even if your position sizing is smaller. Emotionally you'll have a much better time managing the position as well.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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