Table of Contents Introduction Why Big Losses Properly Funding an Account Losses are unavoidable Overtrading Rebounding after a loss Overleverage
Risk per trade Fixed Dollar risk mistakes Risk per sector Position Sizing is the Holy Grail Changing Risk Parameters Changes Everything Hard Stops & Trailing Stocks Summation
The Mistake of
Fixed Dollar Amount The idea of having a fixed dollar amount per trade would be saying you are willing to risk a fixed $ 1,000 per t
Fixed Dollar Amount The idea of having a
fixed dollar amount per trade would be saying you are willing to risk a fixed $ 1,000 per t
fixed dollar amount
per trade would be saying you are willing to
risk a
fixed $ 1,000 per t
fixed $ 1,000
per trade.
Important to note that after 4
trades,
risking the same dollar amount
per trade and effectively utilizing a
risk to reward ratio of 1:3, using
fixed $
risk per trade, the first traders account is now up by $ 800 versus $ 780 on the % 4
risk account.
Risk control is a complicated process and Andrew delves into the arithmetic of risk management such as risk per trade, over-confidence, fixed - dollar - amount risk, margin to equity, risk per sector and behaviourial aspects of risk such as dealing with over-confide
Risk control is a complicated process and Andrew delves into the arithmetic of
risk management such as risk per trade, over-confidence, fixed - dollar - amount risk, margin to equity, risk per sector and behaviourial aspects of risk such as dealing with over-confide
risk management such as
risk per trade, over-confidence, fixed - dollar - amount risk, margin to equity, risk per sector and behaviourial aspects of risk such as dealing with over-confide
risk per trade, over-confidence,
fixed - dollar - amount
risk, margin to equity, risk per sector and behaviourial aspects of risk such as dealing with over-confide
risk, margin to equity,
risk per sector and behaviourial aspects of risk such as dealing with over-confide
risk per sector and behaviourial aspects of
risk such as dealing with over-confide
risk such as dealing with over-confidence.