You have your entry setup. Before you place one single trade, Penny Stacks requires you to pass through this lesson first. Risk is not a suggestion. It is the foundation that keeps the kitchen open. She has watched more talented traders than you blow their accounts by skipping what you are about to learn.
Risk management is not optional. It is the only reason any trader survives long enough to become profitable. Penny Stacks has one rule she never breaks: it is not about how much you make — it is about how much you keep. The traders who blow accounts are almost never wrong about direction. They are wrong about size.
“You just lost money. But the market still owes you. One more trade. Just get it back. You know what happened — do the opposite.”
Trigger: You just took a loss and are calculating how to make it back immediately.