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Risk Management

Protect your capital with proven risk strategies

schedule8 min readEssential
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Built-in Risk Management

All strategies on this platform include automatic risk management features. You don't need to manually configure stop losses or position sizing - it's handled for you.

check_circleATR-based Stop Loss (2x ATR)
check_circleTake Profit Targets (4x ATR)
check_circleVolatility-based Position Sizing
check_circleTrailing Stops (1.5x ATR)
check_circleMax 25% Position Size
check_circle10% Drawdown Circuit Breaker

Why Risk Management Matters

Risk management is the difference between gambling and trading. Even the best strategy will have losing trades. What matters is surviving those losses to capture the wins.

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The Math of Losses

  • • Lose 10% → Need 11% gain to recover
  • • Lose 25% → Need 33% gain to recover
  • • Lose 50% → Need 100% gain to recover
  • • Lose 75% → Need 300% gain to recover

Losses are asymmetric - preventing them is easier than recovering.

Position Sizing Explained

Position sizing determines how much money to put into each trade. It's arguably the most important risk management tool.

Position Sizing Formula

Position Size = (Account × Risk %) ÷ Stop Distance

Example:

  • • Account: $10,000
  • • Risk per trade: 2% = $200
  • • Stock price: $50, Stop-loss: $48 (stop distance = $2)
  • • Position size: $200 ÷ $2 = 100 shares
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Why This Works

By calculating position size from risk, you ensure every trade risks the same dollar amount. A volatile stock will have fewer shares; a stable stock more shares. Risk stays constant.

Position Size Calculator

Calculate the right position size based on your risk tolerance

$
0.5% (Conservative)5% (Aggressive)
$
$

Calculation Results

Stop Distance$5.00 (3.3%)
Dollar Risk$200.00
Position Size40 shares
Total Position Value$6,000
% of Portfolio60.0%

Over-concentration Warning

This position is 60% of your portfolio. Consider reducing to max 25% for better diversification.

Formula Used

Position Size = (Account × Risk%) ÷ Stop Distance
= ($10,000 × 2%) ÷ $5.00
= 40 shares

Stop-Loss Orders

A stop-loss is an automatic order that sells your position if the price drops to a certain level. It's your emergency brake.

Fixed Stop-Loss

Set at a specific price or percentage below entry.

Entry: $100 → Stop: $95 (5% below)

ATR-Based Stop

Dynamic stop based on volatility (Average True Range).

Entry: $100, ATR: $3 → Stop: $94 (2× ATR)

Support-Based Stop

Placed just below a key support level.

Entry: $100, Support: $97 → Stop: $96

Trailing Stop

Moves up with price, locking in profits.

Trails 5% below highest price reached
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Never Move a Stop Lower

Once set, never move your stop-loss further away to "give it more room." This is how small losses become big losses. Only move stops in the direction of your trade (up for longs).

Profit Targets

Profit targets are the opposite of stop-losses - they automatically sell when price reaches a profitable level. They lock in gains.

Risk/Reward Ratio

The ratio between your potential profit and potential loss. A 2:1 ratio means you're targeting twice as much profit as you're risking.

1:1
Risk $100, Target $100
Need 50%+ win rate
2:1
Risk $100, Target $200
Need 33%+ win rate
3:1
Risk $100, Target $300
Need 25%+ win rate

Risk/Reward Visualizer

Visualize your potential profit vs risk and calculate expected value

Take Profit: $110.00
+$10.00
Entry: $100.00
Stop Loss: $95.00
-$5.00
2.0:1 R:R
$
$
$
10%Break-even: 33%90%

Expected Value Per Trade

+$2.50

(+2.50% per trade)

This setup has positive expected value. Profitable long-term!

After 100 Trades

Wins (50)

+$500

Losses (50)

-$250

Net Result+$250

Why R:R Matters

With a 2:1 R:R ratio, you only need to win 33% of trades to break even. Higher R:R ratios give you more room for error while still being profitable.

Understanding Drawdown

Drawdown is the decline from a peak to a trough in your account value. Max drawdown shows the worst loss you would have experienced.

Drawdown Example

Account peak$12,000
Account trough$10,200
Drawdown-$1,800 (-15%)
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Can You Handle It?

Before trading, ask yourself: "Can I handle a 20% drawdown?" If the answer is no, reduce your position sizes or find a less volatile strategy. Knowing your psychological limits prevents panic selling at the worst time.

Drawdown Simulator

See how consecutive losses compound and affect recovery

$
1% (Small)20% (Large)
1 trade15 trades

Loss vs Recovery Required

-10%+11.1%
-20%+25.0%
-25%+33.3%
-30%+42.9%
-40%+66.7%
-50%+100.0%

Account Balance Over Time

$10,000$5,000$0
1
2
3
4
5

Simulation Results

Final Balance

$10,000

Total Drawdown

-0%

Amount Lost

-$0

To Recover

+0%

Key Insight

With 5% risk per trade, 5 consecutive losses creates a 22.6% drawdown requiring 29.2% gains to recover. Consider reducing risk per trade.

The 2% Rule

One of the most popular risk management rules: Never risk more than 2% of your account on a single trade.

2% Rule in Action

Account SizeMax Risk (2%)10 Losses = ?
$5,000$100-18% (still have $4,100)
$10,000$200-18% (still have $8,200)
$50,000$1,000-18% (still have $41,000)

Even after 10 consecutive losses (rare!), you still have 82% of your account to recover.

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Conservative Alternative: 1% Rule

New traders often start with the 1% rule. Half the risk means twice the survival time to learn from mistakes. Consider 1% until you have consistent results.

Diversification Basics

Diversification means not putting all your eggs in one basket. Spread risk across different stocks and sectors.

Poor Diversification

  • • 100% in one stock
  • • All tech stocks
  • • Correlated positions
  • • One sector exposure

Good Diversification

  • • 5-10 uncorrelated positions
  • • Multiple sectors
  • • Mix of strategies
  • • Different risk profiles

Emotional Discipline

The hardest part of risk management isn't math - it's psychology. Even with perfect rules, emotions can sabotage your trading.

psychology

Fear

Closing positions too early, missing good entries

checkTrust your backtest results and predefined rules

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Greed

Oversizing positions, moving profit targets further

checkStick to your risk limits, take profits as planned

psychology

Revenge Trading

Doubling down after losses to "get it back"

checkWalk away after 2-3 losses, revisit tomorrow

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FOMO

Chasing moves that already happened

checkWait for your setup, there will be more opportunities

psychology

Overconfidence

Ignoring risk after winning streak

checkKeep position sizes consistent regardless of recent results

How Our Built-in Risk Management Works

Every strategy on this platform automatically includes professional-grade risk management. Here's exactly what happens behind the scenes:

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ATR-Based Stop Loss

Stop loss is automatically set at 2× ATR below your entry price. ATR (Average True Range) measures volatility, so stops adapt to each stock's behavior.

Stop Price = Entry Price - (ATR × 2.0)
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Take Profit Targets

Profit targets are set at 4× ATR above entry - a 2:1 reward-to-risk ratio. Positions automatically close when targets are hit.

Take Profit = Entry Price + (ATR × 4.0)
trending_up

Trailing Stop

As price rises, the stop loss automatically trails up at 1.5× ATR below the highest price. This locks in profits while letting winners run.

Trailing Stop = Highest Price Since Entry - (ATR × 1.5)
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Volatility-Adjusted Position Sizing

Position size is calculated to risk only 2% of portfolio per trade. Volatile stocks get smaller positions; stable stocks get larger positions.

Shares = (Portfolio × 2%) ÷ (ATR × Stop Multiplier)
emergency

Drawdown Circuit Breaker

If your portfolio drops 10% from its peak, all trading stops automatically. After 20 bars (trading periods), the system resets and can resume trading.

Circuit Breaker triggers when: (Peak - Current) ÷ Peak ≥ 10%
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Maximum Position Size

Regardless of calculation, no single position can exceed 25% of your portfolio. This prevents over-concentration in any single stock.

bookmarkKey Takeaways

  • check_circleNever risk more than 1-2% of your account per trade
  • check_circleAlways use stop-losses - never trade without an exit plan
  • check_circleAim for at least 2:1 reward-to-risk ratio
  • check_circleKnow your max drawdown tolerance before you trade
  • check_circleEmotions are your biggest enemy - follow your rules
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