You are viewing a single comment's thread from:
RE: Trading tutorials for beginners - PART 1: money management & probability
This is just part 1 of many. It's a really bad idea to go looking at charts right away without understanding what to expect. Many more tutorials to come!
I know everyone uses 2% rules and such. That's exactly why i wrote this article. In this article i explain how you can calculate the exact risk you prefer. 2% for an aggressive strategy is probably too much and too little for a conservative strategy.
Capital drawdown is part of the risk of ruin formula by the way.