Goat Academy provides trading education focused on risk management

Goat Academy, founded by economist and former investment banker Felix Prehn, provides training for new stock market traders through its Wall Street Protocol. The program focuses on teaching institutional investor movement, risk management, and the importance of maintaining a disciplined trading plan to prevent emotional decision-making.

Effective trading requires managing losses and following established rules rather than reacting to individual market fluctuations. Experts emphasize that a single losing trade should not prompt a change in a proven strategy or an increase in risk size. Instead, traders are encouraged to focus on executing their plans with discipline and using trading journals to monitor behavioral patterns, such as revenge trading or breaking risk protocols, rather than judging success solely on daily profit and loss.