B The Trader He Built $3.1M With One Strategy
4 snips
Feb 9, 2026 John Netto, veteran trader and author known for the 'Netto Number' risk metric, shares his decades-long journey from early losses to consistent profits. He discusses treating trading like a business, asymmetric risk and big winning days, practical trade journaling, using AI to amplify research, and option strategies and risk budgeting for leveraged positions.
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Treat Trading Like A Business
- Treat trading like a business and exploit your unique background as an edge.
- Adapt your strategy to your constraints (time, capital, skills) and specialize where you add value.
A Few Big Days Drive Returns
- Most P&L comes from a limited number of big days each year, not many small wins.
- Structuring asymmetrical risk to capture those rare big moves is decisive for performance.
Journal Both Before And After Trades
- Keep a trading journal with ex-ante and ex-post notes to quantify convictions and outcomes.
- Use the journal to measure how often a feeling led to a correct outcome and refine confidence.
