Ask an experienced trader what matters most and few will say entries. Position sizing decides how much a losing trade costs you, and a run of losing trades is inevitable. Sizing well is what lets you survive that run.
Decide in advance how much of your account you are willing to lose on a single trade, commonly a small fixed percentage. From that figure and your stop distance, the correct position size falls out mathematically.
This flips the usual thinking. Instead of asking how much you could make, you first cap how much you could lose, and the size follows.
Risking a constant percentage means your position shrinks after losses and grows after gains, which naturally slows a drawdown and compounds a winning run.
It also removes emotion from the decision. The size is a calculation, not a feeling about how confident you are today.
Suppose you cap risk at a fixed amount and your stop is a set distance from entry. Divide the risk amount by the per unit loss at the stop, and you have the number of units to trade.
Use a lot size or risk calculator to do this instantly rather than guessing under pressure.
El ataque gana titulares; la defensa gana carreras. Proteger el capital es lo que te mantiene en el juego el tiempo suficiente para multiplicar.
5 min de lectura →Gestión del RiesgoUn stop no es una distancia aleatoria. Va donde tu idea de trading queda demostrada como errónea.
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5 min de lectura →