Customer Quote by Jack D. Schwager
“Traders focus almost entirely on where to enter a trade. In reality, the entry size is often more important than the entry price”
About This Quote
Source Book: Market Wizards, 1995
Trade success depends more on how much you invest at entry than the exact price point you choose.
In simple terms: Position size matters more than entry price.
Key Takeaway
Focus on sizing, not just timing.
Themes
trading
risk management
investment strategy
capital allocation
Mood
analytical
pragmatic
Type
financial
educational
When to use this quote
- stock investing
- forex trading
- portfolio building
- risk assessment
Key Concepts
financial markets
behavioral finance
probability theory
Questions to Reflect On
- How do you determine optimal trade size?
- What safeguards can limit oversized positions?
A Different Perspective
Larger positions increase exposure to loss.
