Stagione 1Episodio 162:22
Decide how much you could lose before you decide how much to buy
Il tuo prossimo passo
Commissioni, ordini minimi e modalità di prelievo cambiano da un exchange all'altro. Confrontali fianco a fianco prima di scegliere.
Punti chiave
Account balance, position size and planned risk are three different numbers.
Decide your exit first, then size the position.
With a 5% stop and a 20 risk budget, the position is about 400.
Verifica rapida
Entry 50,000, planned exit 47,500, and you accept losing 20. About how big is the position?
Prova tu
Given an entry, a stop distance and a teaching risk budget, work out the virtual position size.
Mostra la risposta
400 USDT notional spot amount; 0.008 BTC; fees and execution differences are extra.
Trascrizione
- Sam
I have 1,000 and only want to lose 20. So I just put it all in?
- Nexubo
What's in your account, how much you buy in this trade, and the most you plan to lose are three different things. Decide your exit first. Then you can size the position.
- Narratore
One practice sum. Entry at 50,000, planned exit at 47,500. That's 5% away. If you plan to take a 20 price loss, ignoring costs, the position is about 400.
- Sam
So 'lose at most 20' doesn't mean 'buy only 20'?
- Nexubo
Right. Here a 400 position falling 5% is the 20. These are teaching numbers only.
- Narratore
Real markets have slippage, gaps, fees and failed orders, so planned risk is not a guaranteed maximum loss. Never borrow money for this course, and never practise with money you need to live on.
- Sam
Twenty.
- Nexubo
Work out the worst you can accept first. Then ask whether you need this trade at all.
- Narratore
You set a stop-loss. Does that mean you can only lose that amount? Next: the truth about stops.
- Narratore
Understand first, then act.