Trading insights & updates

Risk of ruin is the probability your risk policy eventually hits a fatal drawdown. Here is the intuition, and how win rate and payoff interact.

Most traders have a best hour and a donation hour. Here is how to use time-of-day performance in your journal to cut the sessions that only feel productive.

Full Kelly maximizes long-run growth on paper and pain in real accounts. Here is what half Kelly means, when to use it, and how it pairs with a risk-% rule.

Most beginner trading advice focuses on what to trade. Far less attention goes to the rules that actually determine whether a new trader is still around in a year, regardless of which setup they happened to pick. Ten non-negotiable rules covering risk percentage, stop discipline, written entry criteria, daily loss limits, avoiding overtrading, consistent sizing, honest logging, scheduled review, sample size patience, and a pre-session routine.

Excel can do almost everything a trading journal does — if you build it. A direct comparison of what you'd have to write yourself, what it costs in time, and when that trade stops making sense.

Neither day trading nor swing trading is inherently more profitable than the other. The more useful question is which style fits your schedule, temperament, available capital, and the kind of stress you can sustainably handle. An honest, side-by-side comparison across time commitment, psychological demands, capital requirements, and how journaling needs differ between the two styles.

Average winning trade and average losing trade look like raw inputs, easy to skip past on the way to R:R or profit factor. But watching them independently — not just as building blocks for the ratio — often surfaces an exit or stop-discipline problem before it shows up in the downstream numbers. This guide covers what causes each to drift, how to read the trend rather than the snapshot, and why a shrinking average win and a growing average loss moving together is the clearest single signal that execution has become the issue.

A $500 win means nothing on its own until you know how much you risked to get it. R-multiples fix that by measuring every trade against its own risk, not its dollar size.