# @mehul8797 on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/DEVQKYKpmwn
- **Gondola URL:** https://gondola.cc/posts/61589891-mehul8797-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/82b9099354.jpg
- **Posted:** 2025-01-02T17:46:14.000+00:00
- **Account Owner:** Mehul Patel (@mehul8797) — https://gondola.cc/mehul8797

## Caption

Position sizing is key 🔑 that’s the aspect most traders lack. Do these 4 things:

1) Backtest your Edge
2) Identify your max CONSECUTIVE losses
3) Multiply that by 2/3x 
4) Take positions that allow for you to stay in the game

Example
1) I backtested 200 trades
2) I had a max consecutive loss of 8 trades 
3) I multiply 8x2 =16 trades. 
4) I allow myself to take 16 trades in a row before blowing my account. I size accordingly 

 Day 2
#trader #daytrader #fundedtrader #propfirm

## Stats

- **Views:** 272
- **Likes:** 59
- **Shares:** 0
- **Comments:** 0

## Tags

daytrader, fundedtrader, trader, propfirm

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