Margin of Pain

About

About Margin of Pain.

Margin of Pain is a trading publication about traders, market mistakes, position sizing, drawdowns, and survival.

The site is not a signal service and it does not publish trade recommendations. The work is source-led commentary: interviews, filings, books, public records, and the parts of market history that usually get cleaned up after the fact.

The angle is simple: famous trades are less useful than the pressure around them. The useful question is not only what worked. It is what could have broken, what had to be sized correctly, and what a normal reader should not try to copy.