Risk %

Amina El Mehdi

Corporal
Messages
93
There are several ways you can look at risk management. Everybody will regurgitate the same 1-5% risk per trade tactics, however if you don't have all of your capital in the one account, then this rule doesn't need to apply.
At the end of the day, it's your money and you risk what ever you don't mind potentially loosing.
I have a low risk subaccount, medium and high.
My high risk account which I reserve for trades which I feel over 90% certain on and I go hard with the lot size on it. If it blows it's only 5-10% of my capital, but when they come good (9 out of 10), the rewards are sooo worth it
Sounds like a really good idea for RM. :)
 

fxoday

Recruit
Messages
464
If follow the expert suggestion, the risk limit only 2%, but eventually depending on each trader will determine, the main point is they accept the risk tolerance in every trading plan, don't be angry after risk reached.
 

nahiyar

Private, 1st Class
Messages
877
It is not just to follow experts it depends on your own experience and capital what you are dealing in. If you follow experts and having not much capital to take that much risk you will not get benefit. So decide first on the base of our own practice than after some experience you can follow others. You can take 1% to 2 % risk but try to take as much less you can because it will save you from danger zone.
 

ele020

Sergeant
Messages
164
It is not just to follow experts it depends on your own experience and capital what you are dealing in. If you follow experts and having not much capital to take that much risk you will not get benefit. So decide first on the base of our own practice than after some experience you can follow others. You can take 1% to 2 % risk but try to take as much less you can because it will save you from danger zone.
Thats a very realistic approach... I hope its followed by all the newbies
 

Adolphus

Private
Messages
17
It is my first time entering into live forex, and before I jump into I wanted to know how much should a beginner risk in live trading to make consistent profits?
 

Kirstysingy

Recruit
Messages
19
Like others have said 1% is what I would suggest. There will be other opportunities to trade so don’t over risk yourself
 
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