CalcMyTrade Blog

Practical guides, plain language explainers, and useful tips related to the CalcMyTrade tool. Written to help, not to fill space.

• Position sizing for beginners

  Position sizing is the single most important skill in trading. Here is how it works and why it matters more than picking.

• Risk per trade: picking a percentage you will stick to

  How to choose a risk per trade that keeps you trading for years, with the math on drawdowns and recovery.

• Stop loss placement: technical, time based, and volatility based

  Three common methods for placing a stop loss, with plain examples and when each one works best.

• Pips, points, lots: a clean explainer for new forex traders

  A plain language guide to forex's strange units: pips, points, lots, pip value, and how each one affects risk.

• Why "set and forget" still needs the right size

  Set and forget sounds passive, but it still depends on getting the position size right at the start.

• Building a simple trading journal

  A simple journal is the biggest free upgrade for most traders. Here is what to track and how to review it.