What's the difference between analysis and trading?

Analysis says what might happen; trading says what you'll do when it does, with size and stops attached. Beginners are often good analysts and poor traders because the two use different skills.

How did you cross from one to the other?

• when you realised a correct forecast didn't make money
• the first time you planned risk before direction
• what you'd teach a beginner about the gap

The position sizing guide is where analysis becomes trading.