To stay on top of market movements without getting overly anxious, check the value daily or weekly. However, if you’re planning major investments based on these values, consider checking more frequently during periods of high volatility.
Account $10,000, risk 1% → $100 risk per trade. Entry $50, stop $48 → $2 risk/share → 50 shares. Target $54 (2R). If stopped, −$100; if target hits, +$200 (before costs).
Use an amount you can afford to lose while learning a repeatable process.
Decide a fixed risk % per trade, then divide by the price distance to your stop.
Match your timeframe: daily/weekly for swing; weekly/monthly for long-term.
Thesis, entry/exit, risk (R), emotions, result, next improvement.