Practice trading with a 10x larger position and account size to explore your trading potential. It can be inspiring to see what's possible when you push your psychological limits.
When regularly trading with a small position size, its easy to avoid taking on significant risk because the potential losses are small. However, when increasing the position size of trades, the potential losses also increase, which can cause fear and anxiety. By practicing with a larger size, one may learn to potentially overcome this fear and become more confident in the ability to handle larger trades.
"It's easier to size down than to size up." -Vinny E. Mini
"Practice" is referring to simulation/demo/market replay/Playback.
Video Tutorial: 10x Rule
WATCH: Vinny E. Mini teaches the 10x rule in this video tutorial.
