I'm trying to understand the potential risks associated with FTMO. Specifically, I want to know what the maximum risk is when it comes to using FTMO.
5 answers
mia_rose_lawyer
Sat Dec 14 2024
Specifically, the recommended risk limit is generally set at 2% or less per trade. This means that if a trader has a total portfolio value of $10,000, they should not risk more than $200 on a single transaction.
Lorenzo
Sat Dec 14 2024
Adhering to this rule helps traders maintain discipline and avoid the temptation to take overly aggressive positions that could jeopardize their financial well-being.
Valentina
Sat Dec 14 2024
Risk management is a crucial aspect of trading, especially in the volatile world of cryptocurrencies.
SamuraiHonor
Sat Dec 14 2024
One fundamental principle often emphasized in textbooks and online education programs is the importance of limiting the risk per trade.
ShintoSanctuary
Sat Dec 14 2024
To safeguard capital and avoid significant losses, traders are advised not to risk more than a small percentage of their total portfolio on a single trade.