How much should I risk per trade?

Oswald

Trader
Apr 12, 2019
69
7
24
33
If you are starting to trade forex, it would be wise to take less risk per trade. I would suggest about 1%. Dont want to sound discouraging, but it is normal for newbie to have higher rate of lose deals. In later stage you can increase this risk level up to 5%.
 

Finarm

Trader
Sep 3, 2020
3
1
6
finarm.com
It solely depends on your strategy and the amount of capital that you own but it's recommended to stay within this range - 1-3%. If you're a beginner it is especially advisable to use stop-loss orders.
 

Trader Tom

Trader
Aug 6, 2018
5
0
22
Risking 1% per trade on a small real money account, doing your analysis on the losses and wins too & writing it in a book, is the best way to learn, in my opinion. This way, you are learning to cope ,from the very beginning itself, the reality of losing real money , you are giving yourself the oppurtunity to make a minimum of 100 trades in that account( as u'll be risking only 1% per trade ), the more the trades, the more your skills will grow ,especially, if you record your trades too. All the best.
 

Akwin

Trader
Oct 12, 2020
52
10
9
30
Greetings,

Hope you are having a great day.

Please let me inform you of what I have acknowledged after months of learning and practicing, I advise you to risk less than 1% especially if you are a beginner. Feel free to ask for further information.

Best Wishes,
Akwin
 

Jürgen

Banned
Jan 14, 2021
11
0
2
33
For a beginner entering into live trading for the first time would suggest to trade with a minimum capital requirement so that there is minimum risk and get familiarized with the software and platforms.
 

hk_09

Trader
Oct 30, 2020
82
10
9
37
For a beginner entering into live trading for the first time would suggest to trade with a minimum capital requirement so that there is minimum risk and get familiarized with the software and platforms.
Agreed! Starting low is a safer way to enter live trading, however many make the mistake of beginning with high capital directly, which imposes larger risk.
 
Aug 5, 2021
53
3
14
26
Different traders have different risk tolerances but I believe 1% of your total account balance is a good limit to avoid losing too much if things don’t go your way. In some situations, I’ll risk more if I’m very confident about a trade.