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Risk Management

Position Sizing

How many shares to buy based on your risk tolerance.

Rule: never risk more than 1-2% of your account on a single trade. If your account is $10,000 and you risk 1% ($100), and your stop is $2 away, you buy 50 shares ($100 / $2). This means even 5 consecutive losses only costs 5% of your account — survivable.
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