Risk Management
Advanced3 lessons · 19 min · Free
Size every position from your stop, use risk-to-reward to stay profitable with a modest win rate, and manage the psychology that wrecks accounts.
Lessons
- 1Position Sizing: The 1% RuleCalculate exactly how big a position should be so a losing trade costs a fixed slice of your account.7 min
- 2Risk-to-Reward and Stop-LossesUse risk-to-reward to know the win rate you need, and place stops where your idea is actually wrong.6 min
- 3Trading Psychology and JournalingRecognise the emotional traps that cause big losses, and build a journal that makes you better every week.6 min