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Free trading course

Risk and Psychology

Surviving in the market

Every trader's most important skill: position sizing, the maths of losses and professional risk management; and controlling emotions, mental biases, and building habits and discipline.

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What you'll learn

Units and lessons

  1. Unit 1: Risk Foundations

    1. Stop Loss and Take Profit
    2. Risk to Reward
    3. Position Size

  2. Unit 2: The Math of Losses

    1. Loss and Recovery Math
    2. Your Maximum Drawdown
    3. Real Leverage

  3. Unit 3: Pro Risk Management

    1. Breakeven and Trailing Stops
    2. Correlation and Total Risk
    3. Expectancy and the Survival Rule

  4. Unit 4: Emotions in Trading

    1. Fear and Greed
    2. The Trading Plan

  5. Unit 5: Mental Biases

    1. Confirmation Bias
    2. Loss Aversion and Holding Losers
    3. False Confidence After a Win

  6. Unit 6: Discipline and Habits

    1. Your Trading Routine
    2. Keeping a Journal
    3. Probabilistic Thinking and Managing Stress

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Start Risk and Psychology today

Five minutes a day with Shamak: short lessons on real charts, practice with $10,000 of virtual money at live prices, and duels with your friends. Nothing to install: it runs in your phone or computer browser, and the Android app is coming soon.

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