Step 1 of 3
Choose a risk budget
Concept
Account risk is position value multiplied by the adverse move to the stop, plus costs and slippage.
Do this
Use a hypothetical $10,000 paper account and define a small maximum loss for one idea.
Why it matters
Sizing from risk makes different instruments comparable.
Common mistake
Using 100% position size because the backtest looked good.
Practice in the real workspace
Return to the landing page to sign in or start a trial before opening the interactive workspace.