212: How Smart Traders Allocate Capital Efficiently Inside Their Bots

Show Notes: https://optionalpha.com/show212

Allocating capital used to be a cumbersome and time-consuming process. Breaking out your calculator or excel spreadsheet to manually run risk calculations and position sizing percentages before opening new trades. That's all of course if you actually remember to check your position sizing before each new position. Now, with automated trading, smart traders are creating highly efficient capital allocation systems that correctly adjust position sizing on the fly without ever forgetting or skipping this critical step. In this week's show, we'll spotlight unique and automated ways to allocation capital inside your bots and unpack some thought-provoking questions you should consider when building your trading strategy.