The part that decides survival: position sizing, risk/reward, drawdown math, stops, and the psychology that makes or breaks every strategy you've learned.
5 lessons about 32 min of readingFree to read
Start with lesson 1The only variable fully under your control — and the difference between a losing streak and a blown account.
Profitability = win rate × payoff, not win rate alone. Expectancy is the business model of trading.
The pre-commitment that caps every loss — placed by structure and volatility, honored without debate.
Positions interact. Correlated bets are one big bet, and drawdown math is merciless.
The final boss: every documented bias conspires against trading well. Systems beat willpower.
Every lesson in this course is free to read. A free account adds the quizzes at the end of lessons, keeps track of what you have finished, turns questions you missed into review flashcards, and lets you ask the lesson tutor and keep notes. Finish every lesson to earn the course certificate.
An account is also how you reach the rest of ScanPro: the stock scanner, alerts and paper trading with simulated money.
Educational tools, not investment advice.