The order type is part of the strategy, not an afterthought. Each one buys you something and charges you for it.
Execution cost is the most reliably underestimated line in a retail P and L. It is measurable, and once measured it is manageable.
Diversification in FX is mostly an illusion. Six positions can carry one risk, and the account finds out all at once.
Drawdown is not a failure state, it is a cost of doing business. The question is which drawdowns are normal and which are information.
A sizing rule is only worth having if it still makes sense on the eighth losing trade in a row. Here is how professionals build…