: Use position sizing models to meet your specific objectives while staying within risk limits.
: Tharp teaches that the true "Holy Grail" is internal control and a system that fits your personality, rather than an external indicator that never loses. Trade Your Way to Financial Freedom
: A system for measuring profits and losses relative to your initial risk (R), allowing for clear performance comparisons across different strategies. : Use position sizing models to meet your
: Assess your personal strengths, weaknesses, and time availability. Trade Your Way to Financial Freedom
: The average amount you can expect to win or lose per dollar of risk.