RulesFirst Knowledge Base
Trading Disciplines & Execution Frameworks
Clear, process-first education for planning risk, executing with intent, and reviewing the decisions behind every trade.
Knowledge Library
Explore the RulesFirst Library
7 resources.
A Better Trading Process Is Built Before the Trade
A practical framework for connecting preparation, execution, review, and the next trading day.
Day Trading Risk Management Starts Before Entry
A practical look at how position-level and daily risk decisions fit into a deliberate trading process.
Understanding 1R Risk & Expectancy
Use a consistent unit of planned risk to connect position size, trade structure, and expectancy without confusing risk with a prediction.
Trading Discipline Is a Process Problem Before It Is a Willpower Problem
Understand why a visible process can be more useful than relying on memory and motivation in a fast market.
How to Recognize Revenge Trading Before It Repeats
A practical way to review loss-recovery pressure, rapid re-entry, and the decisions that follow a frustrating trade.
Adding to Losers: Make the Risk Change Visible
Why adding size below an entry deserves a separate decision and a clear review process.
How to Use a Trading Journal for Better Decisions, Not Just Better Records
Turn completed trading activity into a review process that connects results, execution, and recurring patterns.
Trading Tools
Practical calculators for risk-first trade planning.
Use these tools to pressure-test risk, reward, and probability before the trade becomes emotional.
Position Sizing
1R Position Size
Estimate shares or contracts from account risk, entry, stop, and planned dollar risk.
Expectancy
Expected Value
Estimate whether win probability, planned reward, and planned risk create positive expectancy.
Trade Planning
Risk / Reward
See planned dollar risk, planned dollar reward, and reward-to-risk before entry.
Daily Readiness
Daily Risk Budget
Turn a daily max-loss rule into a practical number of full-risk attempts.
Risk Management
Drawdown Recovery
See how much return is required to recover after a percentage drawdown.
Process & R
R-Multiple
Convert a trade result into R so different trades can be compared on the same risk scale.
Risk Management
Loss Streak
Model how quickly repeated full-risk losses consume capital and risk budget.
Expectancy
Breakeven Win Rate
Find the minimum win rate required for a planned reward-to-risk profile.
Performance
Profit Factor
Calculate gross winning dollars divided by gross losing dollars.
Daily Readiness
Max Trades / Day
Translate a daily risk budget into a maximum number of full-risk trades.
Risk Management
Portfolio Heat
Estimate total open risk currently exposed across several positions.
Position Management
Average Price
See the new average entry after adding shares or contracts.
Discipline
One Bad Day
Translate one damaging day into the number of average winning trades it erased.
Discipline
Revenge Cost
Separate the first mistake from the losses that happened after the mistake.
Discipline
Adding to a Loser
See what changed in the risk profile after adding below the original entry.
Videos
Video education is being prepared.
The current written library is the best place to explore trading process, risk, discipline, and review.