Count in percent

There is one habit that makes most of this module easy. Stop counting in money.

The same trade, two accounts

Module 13 set the risk at one percent of the account per trade.

On a 1,000 dollar account that is 10 dollars, and a trade that returns twice its risk pays 20 dollars. On a 10,000 dollar account the same one percent is 100 dollars, and the same trade pays 200.

Two very different amounts of money. One identical trade.

The percentage describes the trade. The cash only describes the account.

The cash number is what moves you