ARMFAbout ARMF
Briefly about the project: ARMF is a handbook on managing risk on the currency market. We explain the mechanics of the calculations: how a trade size is obtained, what a drawdown does to an account and which metrics show whether a strategy works at a profit. We give no signals, do not teach for money and promise no returns.
What is here
What you will not find here
Who writes the ARMF materials
The materials are prepared by the ARMF editorial team. We do not act as investment advisers and hold no licence for such activity: the calculations on the site are for reference and cannot serve as individual investment advice.
Every numerical claim on the site belongs to one of two categories. The first is arithmetic consequences of formulas: they can be checked independently, and we give the formula alongside. The second is model examples with explicitly named assumptions: they show the order of magnitude rather than predict a result. Claims of a third type — «experience shows the market usually…» — we try to avoid.
How work on an article is organised
- The calculation first, the text second
- Every number is first computed in a script and only then goes into the text. That rules out «roughly twenty percent» that nobody checked.
- A check for contradictions
- A value named on one page has to match itself on another. Thresholds, reference points and examples are reconciled across the materials.
- Revision on feedback
- Reports of an error in a calculation are handled first, and if the error is confirmed, the fix goes out with a note on exactly what changed.
How the forex risk management handbook is arranged
The six sections follow the order of a trader's decisions: from the concept to the calculation. Inside each one the materials are linked, and numerical claims lead into a calculator where they can be recomputed for your own case.
| Section | What it covers | How many materials |
|---|---|---|
| Basics | The concept, types of risk, the risk share, the deposit size, the glossary | 6 |
| Stop and position | Stop-loss, target, trailing, break-even, size calculation, pip value | 8 |
| Rules and limits | The rule set, limits, drawdown, leverage, costs, portfolio, discipline | 12 |
| Metrics and journal | Win rate, expectancy, profit factor, Kelly, the trade journal | 6 |
| Calculations | Six calculators with open formulas | 7 |
| About | Methodology, editorial policy, risks, disclosure, contacts | 6 |
The materials are self-contained: each one can be read on its own without opening the previous ones. Links inside the text lead to neighbouring topics where without them we would have to repeat what is already written.
How to read the materials on the site
The reading order matches the order of decisions: first what risk management is and how much to risk per trade, then the stop-loss and the size calculation, then the rules and limits, and only after that the metrics. The calculators are useful at every step, but without an understanding of the formula they turn into a number generator.
Frequently asked questions
Is this trading education?
No. The site explains the arithmetic of risk management but does not teach how to find entries and does not replace practice. We do not sell courses and do not work with educational projects.
May our calculations be used as advice?
No. The calculations show the mechanics of the formulas for the inputs you provide. The decisions about trades and about the size of the risk are yours, and so are the consequences of those decisions.
How do I report an error?
Through the form on the contacts page or by email. Most useful is the page, the disputed number and the source it conflicts with.
Why is the site only about forex?
Because risk management is calculated differently on different markets: lots, pip value, leverage, margin and swap are values of the currency market. By narrowing the topic we can give concrete formulas instead of general reasoning.
Who writes the materials?
The ARMF editorial team. We do not act as investment advisers and hold no licence for it: what is published here is for reference and does not replace personal advice.
Where do the numbers in the articles come from?
From calculation: every value is first computed by a script and then reconciled with the calculator on its own page. Instrument specifications are given as an order of magnitude with a reference to the broker's documentation.
Why are there no broker reviews and ratings?
The terms of venues change faster than they can be verified, and an unverified number about someone else's product is disinformation. We explain which broker parameters affect risk, and you check them yourself.
Does the site have paid materials?
No. All the articles and calculators are fully open, no registration is needed, and there are no subscriptions or courses.
Can your calculators be used on my own site?
We do not provide ready widgets for embedding, but the formulas are open and given on the calculation pages — they can be implemented independently.
How often are the materials updated?
As needed: when facts change, when an error is found and when new topics appear. The date of the last data check is in the signature under every article.
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