Forexathome
Private, 1st Class
- Messages
- 31
Think most people here risk 1%. I sometimes go over but shouldn’t but been doing it for a few years now so know how to keep it steady
Hahaha thanks for being honest, and Human!Think most people here risk 1%. I sometimes go over but shouldn’t but been doing it for a few years now so know how to keep it steady
Small loss is easier to manage this is the key principle of trading for newbies which don't fully understand risk since it is quite hard concept to understand.Yes, you should not go over 1% risk. I seems less but effects a lot on your account when we just think of profit we feel1% gain is nothing but if we loose we feel it on nerves that this much amount is gone from our capital . A trader has to see both sides of the picture. Risk taking involves first loss and if we cross the loss we make profit.
I believe 1-3% will be good not only to start with, but keep usingWhat percentage of risks should a beginner take when trading live?
2% does seem to be the most frequently recommended for sureI usually put sl at 2% under the support
You can take risk of 1% to 5% on demo just to see how his risk works on capital but in live trading beginners should not take this much risk only upto 1% risk is enough. or they can minimize it more because as much low risk they will take it will easy for them to manage it and it will not create danger for them.What percentage of risks should a beginner take when trading live?
This is a great piece of advice, and something to approach the same as all other aspects, and use demo to see what suits you and your risk appetite.You can take risk of 1% to 5% on demo just to see how his risk works on capital but in live trading beginners should not take this much risk only upto 1% risk is enough. or they can minimize it more because as much low risk they will take it will easy for them to manage it and it will not create danger for them.