I have a funded account with 50K and I'm wondering how much of that should I be willing to risk. I need advice on the appropriate amount to risk on this account.
5 answers
BonsaiStrength
Tue Dec 10 2024
A widely adopted strategy in trading is the 2% Rule.
Leonardo
Tue Dec 10 2024
This rule dictates that traders should never expose more than 2% of their account equity to potential losses.
SeoulSerenity
Tue Dec 10 2024
By adhering to this principle, traders can manage their risk effectively and prevent significant drawdowns.
Raffaele
Tue Dec 10 2024
For instance, consider a trader with a $50,000 account.
CryptoMercenary
Mon Dec 09 2024
If they apply the 2% Rule, their maximum risk per trade would be $1,001.