"Forty hour workweeks, regardless of the job.
Four year degrees, regardless of the major.
Four decades to retirement, regardless of the career.
Remnants of the Industrial Age."
@naval
@TradingEq I agree, it is definitely something that you have to learn for yourself once you reach that limit. Even tho I have read many different ways to do it in books. I like the % of open risk math more than a hard stop on open trades. I have yet to get to 20 open trades tho lol.