Should position size be based on gut feeling, or calculated from the stop-loss distance?
Keep the risk on each trade small enough that even after several losses in a row, most of your account remains intact, so one or two mistakes won't wipe you out.
A common position-sizing formula: Position notional value ≈ account balance × risk per trade ÷ stop-loss distance.
My notes are full of useful insights; my account is full of hard lessons.
Don't trade contracts with borrowed money—losses often come faster than you expect.
$BTC 63890.44（-4.7%）
#BTC
Just my personal perspective; it may not be accurate, so use caution.
Keep the risk on each trade small enough that even after several losses in a row, most of your account remains intact, so one or two mistakes won't wipe you out.
A common position-sizing formula: Position notional value ≈ account balance × risk per trade ÷ stop-loss distance.
My notes are full of useful insights; my account is full of hard lessons.
Don't trade contracts with borrowed money—losses often come faster than you expect.
$BTC 63890.44（-4.7%）
#BTC
Just my personal perspective; it may not be accurate, so use caution.
