Risk management
A trading plan and journal template you can use today
Two templates to copy into a spreadsheet: a one-page plan and a column-based journal. Plus how to read the journal…
Risk management
Leverage, margin, slippage and managing a position through a volatile session.
Risk management
Money management: the 1% rule and how to apply it
A 50% loss needs a 100% gain to get back. The 1% rule, three limits to set at once, and…
Risk management
Margin call and stop out: the two levels that decide whether the account survives
Margin level is equity divided by used margin. Margin call usually sits at 100% and stop out at 50% —…
Risk management
Slippage and requotes: why the fill differs from the price you saw
Slippage runs in both directions and is normal. It is most dangerous on a stop loss — a position's real…
Risk management
Spread widening around news: when one lot of gold costs eight times as much
Gold spreads run from 6 cents in London to over 50 cents around a data release. Entering at the wrong…