Alex is a long-bias trader who focuses on penny stocks while learning more about trading big caps. Over 2019 he took his biggest loss, which prompted him to cut down his account to half of its size. After that, however, he realized that “the worst” - loosing big - has already happened, so he started to trade a full size again. As a result, he had to make peace with heavier average losses, but that also gave him a chance at higher average gains too.