Risk Management & Psychology
Risk/Reward Ratio: The Math Behind Every Trade
The risk/reward ratio (R:R) of a trade is the ratio of expected gain to risked loss, defined per trade as (target − entry) / (entry − stop) for…
Risk Management & Psychology
Risk Management & Psychology
Trading Psychology: Fear and Greed
A client came to see me in March 2009. He was 58, three years from his planned retirement, and he had just sold his entire stock portfolio at…