Amount Quote by Paul Tudor Jones
“Don’t ever average losers. Decrease your trading volume when you are trading poorly; increase your volume when you are trading well. Never trade in situations where you don’t have control. For example, I don’t risk significant amounts of money in front of key reports, since that is gambling, not trading.”
About This Quote
Source Interview: Market Strategies Podcast, 2020
Adjust trading size based on performance and avoid high‑risk moments without control.
In simple terms: Trade more when good, less when bad, avoid risky times.
Key Takeaway
Scale with confidence, stay disciplined.
Themes
risk management
self‑awareness
discipline
Mood
cautious
analytical
Type
advice
strategic
When to use this quote
- stock trading
- high‑impact news days
- portfolio rebalancing
Key Concepts
performance‑based sizing
control theory
Questions to Reflect On
- How do you assess when you’re trading poorly?
- What signals tell you to reduce exposure?
A Different Perspective
Market volatility can still affect outcomes despite sizing.
