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3 min read · Habits

Position sizing: conviction isn't a model.

Your big bets decide your PnL. If they lose more than your normal ones, the size is the leak, not the coins.

What it looks like

Most of your trades are a similar size. A few are two, three, five times bigger, and those few are where the worst losses are.

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About behaviour and process, not about what to buy. Nothing here is financial advice.

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