{"id":42689,"date":"2015-11-16T15:06:43","date_gmt":"2015-11-16T20:06:43","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=42689"},"modified":"2023-04-25T17:25:13","modified_gmt":"2023-04-25T21:25:13","slug":"a-lesson-on-trading-bigger","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/a-lesson-on-trading-bigger","title":{"rendered":"A lesson on trading bigger"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>Our firm made a large trade this month in a stock overbought.\u00a0 I was waiting and waiting and waiting for one of our senior traders to close his trade and offer congratulations.\u00a0 The trade kept working and working and working so it took him days to finally close out.<\/p>\n<p>The discussion afterwards proves constructive to those seeking to trade bigger.<\/p>\n<p>Me:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-42690\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/11\/gr8trade.png\" alt=\"gr8trade\" width=\"775\" height=\"77\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/11\/gr8trade.png 775w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/11\/gr8trade-300x30.png 300w\" sizes=\"auto, (max-width: 775px) 100vw, 775px\" \/><\/p>\n<p>The trader responded:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-42691\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/11\/thxs.png\" alt=\"thxs\" width=\"335\" height=\"56\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/11\/thxs.png 335w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/11\/thxs-300x50.png 300w\" sizes=\"auto, (max-width: 335px) 100vw, 335px\" \/><\/p>\n<p>Lesson:<\/p>\n<p>Notice how the senior trader sees a potential million dollar trade for him &#8220;in a few years.&#8221;\u00a0 That million dollar trade will not visit the NEXT TRADE.\u00a0 He will incrementally increase size so that in years it will be a million dollar trade.\u00a0 Incrementally seek to increase your size.<\/p>\n<p>Three tips on trading bigger:<\/p>\n<ol>\n<li>Identify your strengths as a trader<\/li>\n<li>Trade your best setups bigger and more often as I wrote about in <em>The PlayBook<\/em><\/li>\n<li>Incrementally increase your trading size<\/li>\n<\/ol>\n<p>I hope that helps.<\/p>\n<p>*no relevant positions<\/p>\n<p>**extra credit if you can guess the stock mentioned above.<\/p>\n<p><a href=\"https:\/\/tradingworkshop.com\/\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-42831\" src=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2023\/03\/smbwebinarsignup.jpg\" alt=\"tradingworkshop\" width=\"600\" height=\"300\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Our firm made a large trade this month in a stock overbought.\u00a0 I was waiting and waiting and waiting for one of our senior traders to close his trade and offer congratulations.\u00a0 The trade kept working and working and working so it took him days to finally close out. The discussion afterwards proves constructive to those seeking to trade &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/a-lesson-on-trading-bigger\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":42694,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[552,727,38],"class_list":["post-42689","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-comments-2","tag-bigger","tag-lesson","tag-trading"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A lesson on trading bigger | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/a-lesson-on-trading-bigger\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A lesson on trading bigger | SMB Training\" \/>\n<meta property=\"og:description\" content=\"&nbsp; Our firm made a large trade this month in a stock overbought.\u00a0 I was waiting and waiting and waiting for one of our senior traders to close his trade and offer congratulations.\u00a0 The trade kept working and working and working so it took him days to finally close out. The discussion afterwards proves constructive to those seeking to trade ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/a-lesson-on-trading-bigger\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2015-11-16T20:06:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-25T21:25:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/11\/KVW_3722-1024x683.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bella\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta 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