How to Grow Your Trading Account FAST (For Experienced Traders)

47,111
0
Published 2022-10-03

All Comments (21)
  • Been trading for about a year and this was one of the first rules I implemented. Great video!
  • @DavidSkerritt
    Thanks you Lance! Scaling up has been something I mentally struggle with.
  • Hey, just wanted to say super thanks to Lance for giving back to the trading community with these videos. Lance is the only trading educator who has appreciably improved my performance. This tip, in particular, has been so helpful. I'm definitely one of those traders he has mentioned that went from meh/breakeven to profitable with the exponential bet sizing approach... I also totally respect Lance's not-for-profit work. I hope one day I can follow in his footsteps and totally give heaps away. Will definitely be giving money to the Impact Competition as a token of my gratitude!
  • @bartbtsful
    Wow what a good idea! So frustrating to lose the same on bad trades than on good trades. Thanks a lot!!
  • @bartb4208
    Really nice Lance. Thank you for sharing, appreciated and makes complete sense.
  • I found that learning to scale properly is like support and resistance you try it fail go back to normal try it fail fall back you learn things experiencing scaling like better risk management, better position sizing, timing, patience, or when and where size should be added but you need to know full well what you are doing before increasing size because its the difference between huge wins and blown accounts
  • Damn, talk about good timing. Almost feels like you made this video just for me Lance! Thanks!
  • This goes to show how essential it is prominence of financial advice before taking a jump at whatever. Glad to have found your page.
  • @amdalasfoor
    crazy helpful - what an advise - thanks Chat With Traders podcast
  • @VideoBourse
    Hello from France 🇫🇷 Thank you for your videos, it's usefull and inspiring 📈
  • @jle92708
    OMG… this is gold. For the longest time I been wondering how to increase my account. I’m very consistent with high percentage gains but the growth has been dismal
  • Noticing a few points. It takes time to confirm an A+ set up. Example given here is 4 months to go exponential on presumably a swing trade set up. Certainly by month 2 or month 3, I believe one should be playing with house money. Of course the one time I had this type A+ set up. I was not experienced enough to know this and left a lot of money on the table. That is the flip side and why FOMO needs to be eradicated mentally first.
  • @peter768
    Excellent. Give us a real example of an A-Trade and a B-Trade, and how you distinguish those nuances in the moment.