Hello to all traders in ARMY!

AndrewBlack

Highly Suspicious Person
Messages
29
Thanks! I think that risk is an integral part of trading. But, of course, you're right with the statement. By the way, what is the percent of you account you allow yourself to risk withi one deal?
I use 3-5% for each trade but I started with 1-2%. First try small amounts than a bit bigger but not too big
 

OksanaChyzh

Banned Spammer
Messages
32
Money management is very important. In example i`m using 1-2% for each trade and using 1:500 leverage.
Sure! It is very important and I'm just wondering what is avarage amount traders used to risk. Appreciate your answer! Thank you.
 

DaveT

Sergeant
Messages
241
Sure! It is very important and I'm just wondering what is avarage amount traders used to risk. Appreciate your answer! Thank you.
2% of account is pretty standard for me but sometimes I will go as high as 5% if I'm confident
 

OksanaChyzh

Banned Spammer
Messages
32
2% of account is pretty standard for me but sometimes I will go as high as 5% if I'm confident
I see. I think it's pretty good to stick to such rule. I just feel that sometimes it gets really hard to overcome the emotions and not to risk more.
 
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