About

Margin Ledger is an independent notebook about the numbers behind trading.

Win rates and chart patterns get the attention, but results are usually decided by risk per trade, the depth of drawdowns and how volatility is handled. These pages work through those topics with simple arithmetic and examples that can be checked by hand.

Nothing here is a recommendation to buy or sell anything. Examples are illustrative.

Educational material only. Not investment advice. Trading leveraged products carries a high risk of losing money.