Module 03 / Foundations
The Desk: Sizing & Workflow
- Lessons
- 4
- Study time
- 32 min
- Record
- On device
Size positions so no single trade can wreck you.
Risk-first sizing, account budgets, desk modes, and the journal that keeps you honest.
1
Lesson 1
Position Sizing: Risk First, Size Second
Derive position size from dollar risk and stop distance — the only direction the math is allowed to flow.
2
Lesson 2
Account Budgets & Exposure Rules
Set portfolio-level limits so no cluster of trades can do what no single trade can.
3
Lesson 3
Running the Desk: Modes & Workflow
Operate like a desk: a daily routine, defined modes, and pre-decided responses to common states.
4
Lesson 4
The Journal: Your Own Backtest
Keep the five-field journal that turns your trading into auditable data.