Tag: position sizing

Risk reward ratio: Why it means nothing without the win rate

The risk reward ratio compares what a trade can lose, from the entry to the stop, with what it can make, from the entry to the target. Risk $1 to…

NVDA support and resistance at a record high: 5 levels to watch

FOMO trading: What 34 Bitcoin rallies since 2014 show

FOMO trading means buying because a price is running away from you, not because your plan says buy. The fear of missing out makes you enter late…

Trading journal template: Free Excel sheet and how to use it

A trading journal template is a spreadsheet with one row per trade: entry, stop, target, size, exit, the result in dollars and in R, and a few honest…

Andrew Aziz – How to Day Trade for a Living – Review

How to Day Trade for a Living by Andrew Aziz is a good first map of day trading, and it is more honest about risk than its title suggests. It…

Stop loss trading: Where to put the stop and how much to buy

A stop loss in trading is the price where you admit the trade idea was wrong and get out. Put it where the chart says the idea is broken – below the…