The May payrolls report provides a good example of why position size is so important, and why we never want too much exposure to a single trade. At 8:30 on Friday morning, the report was released, and the following charts show how much of an impact it had. The consensus amongst the experts was that the May number was going to be 185,000—it came in at 138,000 instead. Traders watch employment numbers very closely, because it … read more Newsletter #115—Size Matters
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