212: How Smart Traders Allocate Capital Efficiently Inside Their Bots

The Option Alpha Podcast

Kirk Du Plessis

Investing, Trading, Stock Market, Business, Options Trading, Education, Finance

4.8 • 1.2K Ratings

🗓️ 22 February 2022

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

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Summary

Show Notes: https://optionalpha.com/show212

Allocating capital used to be a cumbersome and time-consuming process. Breaking out your calculator or excel spreadsheet to manually run risk calculations and position sizing percentages before opening new trades. That's all of course if you actually remember to check your position sizing before each new position. Now, with automated trading, smart traders are creating highly efficient capital allocation systems that correctly adjust position sizing on the fly without ever forgetting or skipping this critical step. In this week's show, we'll spotlight unique and automated ways to allocation capital inside your bots and unpack some thought-provoking questions you should consider when building your trading strategy.

Transcript

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0:00.0	Allicating capital used to be a cumbersome and time-consuming process.
0:04.5	Break out your calculator or Excel spreadsheet to manually run risk calculations and position
0:09.8	sizing percentages before opening new trades.
0:12.9	That's all, of course, if you actually remembered to check your position sizing before each
0:17.7	new position was entered.
0:19.6	Now with automated trading, smart traders are creating highly efficient capital allocation
0:24.1	systems that correctly adjust position sizing on the fly without ever forgetting or
0:29.7	skipping this critical step.
0:31.8	In this week's show, we'll spotlight some unique and automated ways you can allocate
0:35.8	capital inside your bots and unpack some thought-provoking questions you should consider when building
0:41.5	your trading strategy.
1:00.7	Hey everyone, this is Kirk here again from option alpha dot com working every single
1:05.8	week to make this the most popular investing podcast offered online because it's based
1:10.1	on one thing and one thing only and that's helping you consistently place smarter trades.
1:15.8	So again, thank you so much for tuning in today and welcome back to today's show.
1:20.0	Number two 12 where we're going to talk about how smart traders allocate capital efficiently
1:24.9	inside their bots.
1:26.4	This is going to be really fun episode and one that I've had earmarked and scheduled for
1:30.4	quite some time now because I think it's a topic that is not always discussed in trading
1:35.4	about capital allocation and position sizing and I'm so so excited to discuss it and how
1:41.1	automated tools can help you make it easier or streamline and not as cumbersome as it
1:46.8	used to be before as a manual trader.
	...

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