Quotes from Brian Anderson

You need to develop a mantra: "There will always be another trade." Learn it, know it, live it.

For example, assume you're considering a setup where the stop-loss exit is $3.54, and the current price is $3.62. Taking the $140 maximum allowed loss we calculated above, divide that by $0.08 ($3.62 - $3.54 = $0.08), and you get 1,750 as your maximum position size (140/.08 = 1750). I've provided an Excel spreadsheet that will quickly