Risk limits per trade, per day and per drawdown
Set limits that stop a bad week turning into an account-ending month, plus a walk-away rule.
Module 24 of 26, Your own plan and journal. Lesson 3 of 5, about 16 minutes.
The takeaway
A small position size, daily cap, and drawdown pause stop a bad day from becoming a catastrophe.
This page is a public summary. The full lesson has the worked examples, an interactive exercise and a short quiz, and sits in the course. Lessons 1 and 2 of Module 1 are free and the rest need a pass.
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General information only. It doesn't consider your objectives, finances or needs. Tickfloor holds no financial services licence and never places trades.
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