Long-term and basic trading: notes on "The Perfect Beginner DAY TRADING Strategy (Step-by-Step)"

Why this matters

Holding versus trading, dollar-cost averaging, and sizing positions you can live with. This study guide accompanies the video "The Perfect Beginner DAY TRADING Strategy (Step-by-Step)" by Craig Percoco and connects it to the Position sizing course on MAPLUStrade.

What the video covers

• The Perfect Beginner DAY TRADING Strategy (Step-by-Step)
• Watch for the definitions of position sizing, drawdown
• Note every rule the presenter gives for entries, exits and sizing

Key terms

• position sizing: Choosing the trade size from the account risk and the stop distance.
• drawdown: The decline from a peak in account value; a 50% loss needs a 100% gain to recover.

Check your understanding

• Risk per trade: The 1% rule and how to compute size from your stop distance.

Apply it on MAPLUStrade

Use paper trading to run a long-term plan with simulated USDC: size each entry with the 1% rule from the Position sizing course and let the portfolio page track drawdown for you.

Educational content only. Nothing here is financial advice; every trade is your own decision and risk.