When I started trading in markets 5 years ago, I made a classic mistake at the beginning, I had no real system for managing risk.
Like all beginners, I was focused on entries, exits, and profits, not on how much I could afford to lose. And that way of thinking led to over-leveraging, emotional decisions, and a lot of unnecessary stress.
Eventually, I built a simple Excel sheet to keep myself disciplined.
I’d input my total capital, with a set risk percentage to 3-5% and calculate position size. That small system completely changed the way I traded. • I stopped overtrading • My feelings remained steady • My losses were always controlled. • And even on bad market days, I had peace of mind knowing I’d only risk 3–5% of my capital
It wasn’t until over time that I realized something: most retail traders lose money not because they’re wrong, but because they don’t manage risk.
So, I have decided to make that Excel logic public and build it into a simple, gamified, mobile first, web app that anyone can use.
Introducing Riskbuddy prototype, your position sizing and risk management buddy, built to make disciplined trading effortless. Here’s the live prototype I’ve built: https://mirror-try-13558788.figma.site/
Would love to know whether this feels useful for your trading workflow. Early adopters who share feedback will get lifetime access to the full version when it launches.
To mods: this is not promo. This is a free tool that I am sharing with everybody.
submitted by /u/Dusty_9029 [link] [comments]r/CryptoCurrencyRead More
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