[vc_row css=”.vc_custom_1548119572521{margin-right: 20px !important;margin-left: 20px !important;}”][vc_column width=”3/4″][vc_column_text]What did you learn about position sizing? Test your knowledge.[/vc_column_text][/vc_column][vc_column width=”1/4″][vc_widget_sidebar sidebar_id=”flash_right_sidebar”][/vc_column][/vc_row]
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[vc_row css=”.vc_custom_1547513664394{padding-right: 75px !important; padding-left: 75px !important; margin-right: 75px !important; margin-left: 75px !important; }”][vc_column][vc_row_inner][vc_column_inner][vc_cta h2=”Congratulations on completing Course 3 on Position Sizing!” txt_align=”center” el_width=”lg”]You’re making great progress! As congratulations, you can download the first three levels of the Position Sizing Profit Trainer Game.
[/vc_cta][/vc_column_inner][/vc_row_inner][vc_column_text]In this trainer tool, as with real trades, there’s only one position sizing question to answer when entering a trade: ‘How much do I risk on each position?’ You establish the risk amount through your initial stop price (what’s your risk per share?) and your decision about how many shares to buy (which determines your total risk).
In the first few levels of the game, you will get the result immediately. This will be your experience in the free levels 1-3. Later in the game, one can manage risk from time period to time period in order to grow your profits (as you would in real trading).
This tool was developed to help traders experiment with different position sizing strategies. You get to feel what it’s like to lose when risking too much or win when risking too little!
Dr. Tharp designed The Position Sizing Profit Trainer Game to help you learn the secrets to trading success before you play the markets.[/vc_column_text][vc_separator el_width=”70″][vc_cta h2=”Download the profit trainer now by clicking the link below. Then install the software on your computer.”]The game does not work on Mac OSX. We hope to remedy this in the future. (If you run Parallels or Bootcamp on your Mac, you can run the software in Windows on your Mac.)[/vc_cta][vc_btn title=”Download Game” style=”flat” color=”juicy-pink” size=”lg” align=”center” el_id=”ABCs_of_Trading_Add_to_Cart” link=”url:https%3A%2F%2Fsimulation.vantharp.com%2FInstall%2FPublish.htm||target:%20_blank|”][/vc_column][/vc_row]
Position sizing strategies tell you how much you should risk throughout the course of the trade. True or false?
What helps you best determine which position sizing strategies you will use?
According to Dr. Tharp, what equation helps you determine the number of units to buy or sell if you know your risk per unit and you willing to risk 1% of your equity per trade?
Why is 1% a good risk amount for most trading systems?
Position sizing strategies allow you to equate R across systems. True or False?