Opening your saved draft…
Only use this on your own device. The older copy has no account attached.
About 8 minutes. One idea you can use.Practice points. No cash value. No orders are placed.
One reference-point move × one practice unit = one balance point. Points cannot be bought, sold, transferred or redeemed. They track this exercise, separately from lesson completion.
01 / UNDERSTAND
You cannot choose what the market does next. You can choose how much of your practice balance to put at risk in a trade plan.
A stop is the price where you plan to exit if the idea is wrong. The further that stop is from your entry, the more each unit can lose. To keep the same risk budget, your position needs to get smaller.
Position size = risk budget ÷(loss per unit + estimated costs)
Stops can fill at a worse price or fail to execute. “Planned loss” is an estimate, never a guaranteed maximum.
You planned 50 points of risk. The distance from entry to stop doubles, while costs stay small. What should happen to your position size?
Original YTry lesson · Hypothetical linear price model · Browser calculations for education · No live Lighter data, payments or partner applications
YTry