Antifragility: does trading make you stronger?

Some people emerge from trading losses more capable; others emerge more brittle. The difference isn't the losses — it's the processing. Antifragility is built, not born.

Antifragility: does trading make you stronger? — drawdown and recovery diagram
An equity curve during a drawdown and its recovery

What's your experience?

  • a loss or failure that made you better
  • how you processed it into growth
  • the difference between growing and hardening
Antifragility: does trading make you stronger? — risk-reward diagram
A risk-reward ratio of 1 to 2

The journal guide is where the processing happens.

Background: How to keep a trading journal that actually improves your trading

A journal turns a pile of trades into evidence. What to record, the numbers worth calculating and a weekly review routine that takes less than an hour.

What should a trading journal include?

For each trade: the pair, direction, size, entry, stop, target, risk, the reason for the trade, how you felt, the result in money and in R, whether you followed your plan, and chart screenshots.

How do I calculate expectancy?

Multiply your win rate by your average win, then subtract your loss rate multiplied by your average loss. Measured in R, a positive result means the approach has made money per trade on average.

Read the full guide

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