The Strategist
"You can find trades. Now learn to survive them."
Master position sizing, risk-reward ratios, drawdown management, correlation risk, and build a complete trading plan. This is where traders survive or blow up.
Lessons (16)
Why Risk Management Is the #1 Forex Skill
You can have a 90% win rate and blow your account. Or a 35% win rate and be consistently profitable.
6 min readThe 1% Rule in Forex: How Much to Risk Per Trade
Risk no more than 1-2% of your account on any single trade. Here's why the math works.
6 min readPosition Sizing: The Full Formula
The exact calculation that translates your risk rule into a lot size for every trade.
8 min readRisk-Reward Ratio: The Math That Matters
Why risking $100 to make $200 is fundamentally different from risking $100 to make $100.
7 min readStop-Loss Placement: Where and Why
Your stop goes where your trade idea is wrong. Not where you're comfortable losing.
7 min readTake-Profit Strategies
Knowing when to exit a winning trade is as important as knowing when to enter.
6 min readDrawdown: Understanding and Surviving It
Every strategy has drawdowns. The question is whether you can survive yours.
7 min readRisk of Ruin: Why Overleveraging Kills Trading Accounts
The mathematical proof that small risk per trade is the only path to survival.
6 min readDaily and Weekly Loss Limits: Circuit Breakers
Bad days cascade. A hard stop prevents one bad trade from becoming a blown account.
5 min readCorrelation Risk: Hidden Overexposure
Being long EUR/USD and long GBP/USD isn't two trades. It's one trade at double the size.
6 min readScaling In: Adding to Winners
The right way to increase your position as a trade moves in your favor.
5 min readScaling Out: Taking Partial Profits
Lock in some profit, let the rest run. The best of both worlds.
5 min readAveraging Down: The Account Killer
Adding to a losing position feels smart. It's the fastest path to blowing your account.
5 min readHedging: Protection and Pitfalls
Hedging sounds sophisticated. For retail traders, it usually just doubles the cost.
5 min readBuilding Your Risk Management Plan
A written document with specific numbers. Not rules in your head that bend under pressure.
6 min readHow to Write a Forex Trading Plan (Worked Example)
Your business contract with yourself. Five sections that cover everything.
8 min readReady to Test Your Risk Management?
Complete the lessons above, then take the quiz. You need 70% to unlock Level 8: The Stoic.
Take the Quiz (37 questions)Already know this material? Skip straight to the quiz and prove it.