This simple money management technique will help you minimise your risk and preserve capital while balance that with the optimal way to maximise growth.
Avoid account churn like the plague.
NEVER reduce your position size
Accelerate out of a drawdown period 2x 3x or 5x time faster than you got into it.
Using this method is like driving in reverse during a drawdown phase. There is only one gear and a max speed to protect your capital.
During winning phases you will have 5 gears to accelerate your capital growth.
What everyone should know about “text book” position sizing and why it's killing your trading results.