Understanding Position Sizing: Not Just How Much, But How to Lose It Gracefully

Position sizing, often glossed over, is really about managing your downside. It's not just about how many units of $USDZAR you can afford at 16.87295, but how much you're truly willing to lose if the trade goes south, even with the best entry. Mismanage this, and even a robust strategy ends up feeling like a $DOGE trade gone very, very wrong.