What a one-page risk card holds, and what it leaves off

A risk card that runs past one page usually contains hope. The version we finish on evening four fits six lines: the market, the invalidation price, the stop distance in price and in money per unit, the risk unit in baht, the size after division, and the condition that voids the card.

The void condition is the line people skip. It might read: if price closes back through the prior swing before the order is filled, the card is dead and the size is not reused on a new level without a new division. Structure changes. A card that survives every change is a souvenir.

Leave off targets that you have not measured, comments about news, and the size you used last time. A target can be studied later as a separate distance; mixing it onto the size card invites you to widen the stop so the reward “looks better.” That is the same reversal as writing the lot first.

Also leave off anyone else’s level. If the invalidation came from a note you did not draw, you will not know when it has failed. The card is in your handwriting for that reason, even when Malee has checked the division.

Commissions follow the same page. A drafted card still has to be read aloud at the handoff. If you cannot explain the void line, the card goes back to draft. The page is finished when you can use it on a morning when nobody from the academy is in the room.

The Chart Risk Studio is where this measurement is practiced out loud. All desk notes