Stop orders: what they can and cannot control
A stop order is an instruction that becomes active under specified conditions. It is a tool for organizing an exit, but an ordinary stop does…
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Risk & Strategy
7 thoughtful reads from Learning Charter.
Position sizing begins with the loss scenario
Position sizing asks how much exposure a hypothetical decision creates. Starting with the amount you hope to earn often hides the more important…
Trading signals: five questions a screenshot cannot answer
A screenshot showing winning trades leaves out many facts needed to evaluate a signal service. It may not reveal account size, losing positions,…
Win rate alone cannot tell you whether a strategy works
A strategy can win frequently and still lose money overall. The size of gains and losses matters alongside how often each occurs. Looking only…
Drawdown and recovery: the arithmetic beginners often miss
A percentage loss and an equal percentage gain do not cancel when they are applied to different balances. This is one reason to understand…
Correlation: why three currency trades may be one big idea
Opening several positions can feel diversified even when they all rely on the same currency moving in the same direction. Counting tickets is…
Why a trading bot still needs a written risk explanation
Automation can execute instructions quickly, but it does not make the instructions sensible or remove the possibility of loss. A bot should be…