When it comes to trading good penny stocks, fewer things can be more frustrating than getting the direction right on a trade, but failing to profit because you were sized to big and got shaken out of the position. The way you position a trade can be the difference between making extraordinary profits or losing your shirt. Let’s face it, not every trade is going to instantly work in your favor. That means you’ll need to absorb a drawdown before potentially gaining on the trade. Here are some ways you can go about position sizing. The first, is choosing an
