Most traders never stop to think about this: Are you managing your portfolio based on overall balance, or are you tracking individual position performance?

Balance-based approach keeps your eyes on total capital. You're focused on whether your account grows or shrinks. Simple, but sometimes it masks what's actually working.

Position-based thinking? That's granular. You know which trades are printing, which ones are bleeding. You understand your edge better. You can replicate winners and cut losers faster.

Which one fits your trading style? The answer often separates consistent traders from the rest.