Boss Trading—Redefine Your Trading

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When To Go For It And Size Up Your Trade

A catalyst is required to warrant scaling up and taking an extended holding period to achieve an outlier trade.

And in its absence, what's the alternative?

Relative value plus inventory positioning tell me when to go for it. It's one way of uncovering uncrowded opportunities with a first-mover advantage. These are price specific, i.e. only if price trades above XYZ do I get long etc

This navigational mapping is part of prep, so prep quality is directly proportionate to the performance of the largest paying trades.

However, the unsung hero of this approach is when the market's not trading at those price catalysts; there is a reduction in size, time-in-the-market, and the number of attempts at any one trade.

The only time you want to size up is on your A+ trades.

For everything else, there's no giving trades "room", time or having numerous attempts at the same trade. If I'm not onside very early, I'm out!

As an intraday trader whose aim is to extract money from the market frequently, the above is critical to achieving this.

Recent trading footage illustrates all of the above points.