Ongoing Risk and Volatility Controls are kicking in...
With so many markets moving vertical, stops are getting farther away and ATRs (volatilities) are off the chart. This is kicking in the ongoing risk & volatility controls outlined in my book Successful Traders Size Their Positions - Why and How? I'm getting a lot of "peel-off" trades to manage risk & volatility in my portfolio. It’s automatically reducing position sizes across the board in many markets. That’s a good thing as equity reaches new highs. You are helping to reduce the start of the next drawdown whenever it comes at you in the future. Enjoy the Ride! https://enjoytheride.flickrocket.com/us/Successful-Traders-Size-Their-Positions-Why-and-How/p/127061