TENTANG EPISODE INI
Episode 4: Position Sizing, Risk, and Letting Profits Run
Most traders focus on finding the perfect entry.
Trend followers know that's only the beginning.
In this episode, Ben and original Turtle Trader Jerry Parker explore one of the most misunderstood aspects of systematic trading: position sizing, risk management, and why letting profits run is often far harder than taking losses.
Topics include:
• Why every trade must be treated the same
• The importance of sample size in trend following
• Position sizing and risk allocation
• Why most traders think about profits and losses backwards
• The difference between risk and volatility
• Drawdowns on winning trades
• Why trend followers ignore many common market clichés
• The challenge of staying disciplined during losing periods
If you're interested in rules-based trading, long-term trend following, and the psychology required to follow a system through difficult periods, this episode is for you.
