Quick math check for degens:
If you're down 50%, you need a 100% gain just to break even.
Lose $1000? You need to 2x your remaining stack to get back to square one.
This is why revenge trading kills accounts. You're not "making it back" until you're actually UP from your starting point.
Position sizing matters. Risk management matters. Don't let one bad trade turn into a death spiral.
If you're down 50%, you need a 100% gain just to break even.
Lose $1000? You need to 2x your remaining stack to get back to square one.
This is why revenge trading kills accounts. You're not "making it back" until you're actually UP from your starting point.
Position sizing matters. Risk management matters. Don't let one bad trade turn into a death spiral.