Risk Management and Trading Psychology
Most accounts do not fail because of a bad entry but because of a trade that was too large, a stop that was moved or a losing streak that broke the plan. These guides cover the money side and the human side of trading.
Start with the group that fits your problem: how much to risk, how to stick to your rules, or how to record and review your trades.
Guides in this topic
Money management
- Manage your trading risk
Risk Management in Trading: Rules, Math, Psychology
The 1% rule, stops, risk/reward, daily loss limits, leverage caps and the psychology of losing streaks, with the math behind each rule.
- Calculate your position size
Position Sizing in Trading: Formula, Calculator, Examples
The formula, a free calculator, the 1% rule explained correctly, and examples for stocks, forex and futures.
- Size your risk per trade
Kelly Criterion for Traders: Formula, Calculator, Risks
The Kelly formula for traders with a calculator, and a simulation of why full Kelly is far too much.
Trading journals
- Keep a trading journal
Trading Journal: How to Record and Review Your Trades
What to write before and after each trade, a completed example with a win and a loss, a weekly review and a template to copy.
- Check TradeZella
TradeZella Review 2026: Pricing, Features and Limitations
The three plans since July 2026, what Essential leaves out, the no-refund terms, imports, export and what users report.
- Check TraderSync
TraderSync Review 2026: Pricing, Broker Sync and Limits
Prices and the yearly sale, which of 502 brokers really sync automatically, Market Replay, Cypher and the no-refund policy.
- Check Tradervue
Tradervue Review 2026: Imports, Reports and Costs
Silver or Gold, why net P&L needs Gold, automatic import for 5 of 82 brokers, US-only stocks and how cancelling works.
- Check Edgewonk
Edgewonk Review 2026: Features, Costs and Limitations
One plan at $197 a year with a 14-day refund, MetaTrader auto sync, the psychology tools, and screenshots from our own test journal.
Related articles
- Practice without risk
TradingView Paper Trading: Setup, Limits and Tips (2026)
Collect your first journal entries in a free simulated account before you trade with money.
- Test a strategy
Backtesting: How to Backtest a Trading Strategy Properly
How to backtest a strategy properly before you trade it, and what a clean test looks like.