EARN THE RIGHT TO TRADE BIGGER. :
Too many new traders think that because they have $25,000 equity in their trading account
that they somehow have the right to trade five or ten e-Mini S&P contracts.
This cannot be further from the truth. If you cant trade a one lot successfully, what makes you
think that you have the right to trade a 10 lot? I demand that my students show me a
trading profit over the course of ten consecutive trading days trading a
one lot only.
When they have achieved a profitable ten-day period,
in my eyes,
they have earned the right to trade a two lot for the next ten trading
Remember: if you are trading poorly with two lots you must lower your
trade size down to a one lot.