Big bets lead to big rewards

Many times you will hear traders making big multi million profit in a year or less. One of the key ingredient in those explosive returns is size of bets. explosive returns require very concentrated bets. Along with that use of margin play an important role in those explosive returns.

When you hear explosive returns story you hear of like Dan Zanger , Jim Roppel, Jesse Stine, Nicolas Darvas, Gil Morales, Chris Katcher and others always investigate what kind of bet sizes they used. You will see that during those periods they used big bet sizes. Some of them risked entire account plus margin on single trades.

That is a high risk high reward approach. If you survive and make big money you can tell stories, if you do not survive no one hears about you.

not everyone can and should do big bet size. You need lot of conviction to do big bets. For a trader just starting out big bet sizes might be end of the trading adventure. But once you have sufficient experience periodically betting big on select few high quality setups is the key to enhancing returns.

If you see all the really extremely successful traders who have made big billion dollar or multi million dollar fortune trading , they built their fortune on making one or two big bets.

George Soros bet everything on British Pound short and made 2 billion on the trade. Without that one big trade he would not have possibly become a billionaire. Paul Tudor Jones became "the Paul Tudor Jones" by betting the farm on likelihood of market crash in 1987. His bet made him 100 million in few days. Stanley Druckenmiller bet the farm on German Mark and it made him a billion dollar profit in few months. Jesse Livermore bet the farm on likely market crash in 1929 and made 100 million (which will be equivalent of several billion now)

This you will find as recurring theme in those who made really big money. few concentrated bets on high conviction trade.

While swing trading makes us money and keeps us in game once in a while when high conviction Episodic Pivots kind trade show up betting big can make the big difference. If a high conviction trade shows up I am willing to bet big on them.

If you want big explosive returns study bet sizing of those who made explosive returns in short time period.

Best site to learn to trade

If you are serious about your trading and want to build an enduring edge, the Stockbee Member site might help you.

Members tell me they have tried a lot of things before coming to my site, and it has offered them the most extensive and detailed methods to swing and position trade. Members range from very experienced traders to novices.

No advertising, no hard marketing, no promotions, no free offers, no affiliate marketing, no incentive to other bloggers to promote the site, no constant tweets self-promoting the site, and no tall claims. Every member comes through word-of-mouth recommendations from existing members.

As a member, you will learn the basics of swing trading, momentum investing, growth investing, and risk management. You will learn about Stockbee Momentum Burst breakouts, Stockbee Trend Intensity Breakouts, Stockbee Episodic Pivots Breakouts, Stockbee Lemonade Strategy for 401k, and many other member-shared methods.

You will learn how to set up your own scans, how to select the right kind of stocks, how to set up stops, when to enter, when to exit, how much to risk, how to track your trades, and all other details about trading.

You will learn about developing your own methods and not relying on others for trade ideas. Develop your own edge. Once you develop your own method, you will have a lifelong profitable method.

The site gives you an opportunity to interact with some of the most successful traders and learn from them about their trading methods. It is a vibrant community with members from different backgrounds and experiences willing to help each other. Members have shared their methods, scans, software, backtests, and market insights.

Every day, the emphasis is on continuous learning and upgrading of market knowledge and setup knowledge. The members range from hedge fund employees, financial advisers, active swing traders, investors, and new traders.

You will see that many trading bloggers have been using my market timing methods, scans, and chart templates. They have developed their own methods based on my methods.

Almost every member comes through a recommendation of some of the leading trading bloggers and trading sites. 80% or more members continue to be members for more than 3 years. Most tell me that they stay on because every day they learn so much from the members' site.

If you are looking to develop your own trading strategy, the membership site might be for you. You have to be willing to put in the effort to build your own method. There are no silver bullets offered on the members' site. Every method, every scan, every nuance is detailed, and all possible help is offered to design your own method.

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