Trader lion: How to build a Trading System

Position Sizing:
-> Your drawdowns got smaller. Far more important than your entry and exit. If you
overcomit you will be dangerous, if you undercomit you will underperform.

I trained my mind to separate other’s opinions from facts.

Seek facts and data.

Misconception:
You have to be right 75 to 90%. A lot of people that richard moglen interviewed,
their win rates are 50% or below 50%. It’s okay to have 3 losers and 1 winning
trade so long as the risk/loses are small and the winning trade is high.

Follow your own rules.

Stress are everywhere, it can hit you. If you allow that to come in to your body
then you have some power over that and convert it into positive mental state.