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Commodities - Module 4

Managing commodity risk

Sizing in ticks and contract units, gap risk around inventory reports and supply shocks, and correlation clusters - energy moves together, metals mostly do. Stops sized to the instrument's actual range, not a round number.

9 lessons, about 59 minutes

  1. 1Risk per trade, in money before ticks6 min
  2. 2Sizing: from risk to whole contracts7 min
  3. 3The stop sized to the instrument's range, not a round number6 min
  4. 4The gap your stop cannot cover keeps a schedule7 min
  5. 5Sizing for the gap, not the stop7 min
  6. 6Leverage on a violent instrument6 min
  7. 7Energy moves together, metals mostly do7 min
  8. 8Margin calls, and the exit you did not choose7 min
  9. 9The commodity risk plan on one page6 min