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Risk Management for Beginner Traders: Position Sizing, Stop-Losses, and the Simple Math That Keeps You in the Game - Softcover

Kumari, Archana

 
9798176026702: Risk Management for Beginner Traders: Position Sizing, Stop-Losses, and the Simple Math That Keeps You in the Game

Inhaltsangabe

You can be right about the chart and still lose. What decides it is how much you risked. Learn every chart pattern you like; an account still blows up on sizing. What decides whether you survive is three decisions most beginners never think about: how much you buy, where you get out if you are wrong, and what you do after a run of losses. Risk Management for Beginner Traders teaches the second half of trading, the part that works with any strategy. In plain English, with worked examples in dollars and a $10,000 account as the running case, you will learn to:

  • Decide your maximum loss before you enter, using the 1% rule
  • Place stops by structure, by volatility (ATR), and by time
  • Calculate the right number of shares with one simple formula
  • Measure every trade in R and see instantly whether you have an edge
  • Be wrong more often than right and still make money
  • Survive losing streaks, gaps, and the urge to revenge trade
  • Cap your total risk across several open trades
  • Write a one-page risk plan you can actually follow
Inside: 14 short chapters, 20 colour charts, position-size lookup tables, five complete worked trades from plan to result, and check-yourself questions with answers after every chapter. No hype and no promise of profits. Just the rules that keep you in the game long enough to learn. Note: all charts use simulated price data, designed to show one idea clearly. This book does not give financial advice.

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