Trading education
Risk management starts with position size, total exposure, available equity, and a clear understanding that losses cannot be eliminated.
Several positions may respond to the same underlying factor even when their symbols differ. Currency concentration, index constituents, commodity sensitivity, and general risk sentiment can create correlated losses. Review gross and directional exposure rather than judging each ticket in isolation.
Allow for wider spreads, slippage, gaps, session closures, connection loss, and delayed action. Keep enough available equity for adverse movement and avoid relying on the ability to exit at one exact price. Reassess risk when volatility or account equity changes materially.