Lessons

Short, interactive explanations. Each ends with a drill or a simulator round.

  1. 1Think in RMeasure every trade against what you planned to risk. · 4 min
  2. 2Break-even win ratePayoff and hit rate trade off. Here is the exact line. · 3 min
  3. 3Position sizingTurn a stop distance into a size that risks exactly your budget. · 5 min
  4. 4Expectancy and luckThe average R per trade, and how wildly luck spreads it. · 6 min
  5. 5Drawdowns and losing streaksWhy losses hurt more than gains help, and how long streaks get. · 5 min
  6. 6Volatility, ATR and clustersPlace stops by how much the market moves, and size accordingly. · 5 min
  7. 7Gaps, slippage and tail riskWhen your stop is not your exit. · 4 min
  8. 8How the simulator worksWhat the synthetic market models, and what it cannot tell you. · 6 min