Risk Management

The Account That Doubled

An account that goes from ten thousand to twenty in a few weeks is a real event and a badly understood one. This paper takes it apart: what a doubling is evidence of and what it is not, why the same percentage risk feels and behaves differently at the new size, what a run does to the person running it, and what turning trading income into anything durable actually requires. The last paper in The Right Way to Trade.

Difficulty

Intermediate

Reading time

38 min

Pages

21