Recent content by BasicChannel

Thanks for the response. Your formula is different to those i've come across, for example Tharp's chapter on position sizing also gives the formula of % of account risked / trade risk = position size. He does go on to talk about volatility based stops which as you suggest look like a better...

Greetings, Thanks for all the info, these boards have been a fantastic starting point for the trading journey. Looking forward to contributing!

Hi everyone, Thanks for all the info thus far! I'm just getting the ball rolling and have a question regarding position sizing based on a percentage of your trading account. Assuming the formula "account risk / trade risk = number of shares to trade", there seems to be times when the potential...