The Miracle Trading Plan

What if you could learn trading, with lower risk, faster account growth and with much less stress? Well it’s possible, and you can do it even with a small account.

It’s not only possible but it’s just smart.

When I started trading in 2000 I was taught to find a good trade and get size. “It’s better to have one big position…” 

I believed it, the guy sounded smart, and he was persuasive. It’s bullshit.

Here’s why-


Join Our Free Trading Group:
Visit this page to become a member ==>

Trading is about probabilities, not whale hunting. Sure it sounds great to hit a big trade, and then brag about it. The problem with this advice is risk and sample size.

You are accepting incredible risk on a one-shot trade. This guy’s focus was on the profit side, and how much we could potentially earn if that one trade worked out. It was basically all-in.

A huge problem with this concept, especially for new traders, is that you don’t have enough experience to make that decision. 

How is a new trader supposed to know what a great trade looks like? At that stage we are still learning how to read the tape and place orders.

The second dimension to this BS advice is sample size and experience. New traders should seek experience and feedback, not profits. I know that sounds counterintuitive but hear me out.

How many positions do you trade at the same time?

A few years back I started using a software that forced you to build a list of stocks before you ran scans. You needed to actually create a fake position, so I bought 100 shares of every stock to build the “portfolio.” Within a month the 100 share positions showed a positive $4,375.

I have to be honest; I wasn’t paying attention to the P&L because that wasn’t the reason, I built the portfolio, but I was stunned. My mind started to race. “How is this possible?”

The deeper I looked into the positions I saw there were winners and losers, but the total was positive. I was pleasantly shocked, but it brought up so many more questions.

So, I wrote in my journal, “If trading is about probabilities, let’s purposefully trade to a large sample size, of my best trades. Let’s take every trade that matches my criteria, for only 100 shares.”

The results were mind-blowing, but not in the way you are thinking. Yes, I made money, but my stress level was gone. I no longer felt naked watching one position. No longer was every uptick or down tick life-or-death.

I was managing the aggregate of the positions, not the one trade. It was bliss, but it got better, my negative days became dramatically smaller because I was accelerating my sample size of good trades. 

The odds were in my favor (because I understood tape reading and order flow) so I was speeding up my probability cycle by executing ten perfect trades in batches.

I hate to use gambling analogies for trading but in this case, it’s spot on. Why do casinos have thousands of tables and slot machines? They have an edge, and they want the edge to play out as often as possible!

I am not saying you should start trading 6-10 positions at once today, but once I started to embrace this concept everything changed.

Think about the definition of edge, and say goodbye to stressing, and guessing. In my experience this is the quickest and most reliable way to accelerate your trading skills, and ultimately grow your trading account.

NY Method | 14 Day Boot Camp | Stock Trading Pro

NEW: AI COACHING! // Get ChatSTP Today

Related Articles

Stocks & Options For Breakfast | Bull Market Breakouts

Stocks  Long stock ideas Financials (BAC, GS) with potential for pullbacks but overall bullish  Healthcare (BHVN, JNJ) showing relative strength  Technology (DOCS) early uptrend Short stock ideas Basic materials (AEM, STLD) clearly bearish sector Energy (XOM, CVX) at support levels but potential to go lower  Risk management Position sizing critical in volatile markets  Use stop…

Podcast: Stocks & Options 3-23-24

Trade Stocks With Pete  |  Trade Options With John Summary Navigating the late-stage market cycle: How to stay cautiously bullish while avoiding potential pitfalls   Mastering the art of chart-reading: Discover why respecting technicals is crucial for trading success, no matter your opinions   Traders vs. Investors: Uncover the surprising differences in how they approach…

Options Trading Q&A

0:00 – 6:36 Identifying the Market6:36 – 8:10 Great Idea, Not Expressed Right8:11 – 10:37 Implied Volatility10:39 – 11:38 Credit side11:39 – 15:53 Call Options Off the Bottom15:54 – 21:40 Risk to Reward Ratio (Aarons Question)21:42 – 25:40 Diagonal vs Vertical Spreads25:41 – 34:36 Difference of Equity Traders and Options Trader34:37 – 37:15 Biggest Mistakes with Fast Moving…

Stocks To Watch: Earnings Season Begins

Stock Trading Pro Pete Renzulli discusses the start of earnings season and provides insights on various stocks to watch. Pete emphasizes the importance of not letting headlines scare investors away from good ideas and highlights the financial sector, specifically mentioning JP Morgan and American Express. They also suggest categorizing stocks into different lists based on…


Your email address will not be published. Required fields are marked *