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Sizing up under pressure or confidence erases progress. Market punishes oversized positions after peaks.

From What You Actually Need to Become a Full Time Trader · jumps to 10:41 · speech

▶ Open at 10:41 on YouTube
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I was feeling confident. I was feeling like I couldn't lose. I sized up. I ended up erasing a month worth of progress in like two days. So just because you're feeling confident, you're on a wind streak, inevitably the market's going to smack you in the mouth and if you size up right at that peak, that's usually when you can do a lot of damage to your trading account. Another bad time to size up is back to the first part of the video, right? Pressure. You took some losses. You got some bills due. Your runway is not set up the way it's supposed to. If you size up because you're like, you know what? I need this money to pay my rent. Again, that's usually the most opportune time for the market to charge you that tuition and teach you a lesson.
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