Cryptocurrency Q&A What is the maximum risk for FTMO?

What is the maximum risk for FTMO?

DaeguDivaDanceQueenElegance DaeguDivaDanceQueenElegance Fri Dec 13 2024 | 5 answers 1215
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. What is the maximum risk for FTMO?

5 answers

mia_rose_lawyer 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.

Was this helpful?

201
30
Lorenzo 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.

Was this helpful?

331
85
Valentina Valentina Sat Dec 14 2024
Risk management is a crucial aspect of trading, especially in the volatile world of cryptocurrencies.

Was this helpful?

128
75
SamuraiHonor 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.

Was this helpful?

338
75
ShintoSanctuary 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.

Was this helpful?

217
41

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts