WAGERBIRD® Alpha Academy · SMT 100 First Principles · Part IV: Risk, Size and Rules
Included with every Alpha Terminal plan
Lesson 04

The Exposure Protocol

Sizing sets one position. Exposure sets how much is at risk at once. This lesson gives the standard protocol in percent of capital and in units: 2% per position, 3% per game, 10% per day, and counts a team total and a game total on the same side as one exposure.

WAGERBIRD® ALPHA ACADEMY

Included with every Alpha Terminal plan.

Read the full Academy with an active seat: Alpha Plus ($99/mo), Alpha Pro ($199/mo), Alpha Max ($349/mo), or Alpha Desk ($2,995/yr). Want to read a sample first? SMT 101 Lesson 01 is open to everyone.

SMT 100 · Part IV: Risk, Size and Rules (10 lessons)Full course syllabus ↗
  1. 01Rules Before the GameRead ↗
  2. 02The UnitRead ↗
  3. 03Kelly, for OrientationRead ↗
  4. 04The Exposure ProtocolRead ↗
  5. 05What You Trade and What You SkipRead ↗
  6. 06Reading Units and Setting the LimitRead ↗
  7. 07The Worst Price You Will TakeRead ↗
  8. 08The One-Page RulebookRead ↗
  9. 09Runs of Losses and DrawdownRead ↗
  10. 10Review on a ScheduleRead ↗