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Mike (kc8yty)
Jan 18 at 16:50
36 posts
Just curious to see how others manage their risk and position size

Do you trade a fixed Lot size of lets say three lots and then determine if the trade setup is within your risk % parameter? If not, you don't take the trade.

Or do you trade with a fixed risk percentage and adjust your lot size accordingly and take every trade thrown at you?

"Formal education will make you a living, self education will make you a fortune"
Femilas
Jan 19 at 08:35
25 posts
Risk management is a very important point in trading, which helps us avoid unnecessary mistakes.

forextrader777
Jan 21 at 04:29
76 posts
I trade with a fixed risk percentage and adjust the lot size accordingly.

joastdaffy
Jan 28 at 10:13
22 posts
While entering a trade, I calculate the stop loss and take profit. I never trade without them and that’s what has been helping me in saving my money.

78678676
Jan 30 at 07:26
44 posts
joastdaffy posted:
While entering a trade, I calculate the stop loss and take profit. I never trade without them and that’s what has been helping me in saving my money.

That's the right thing to do.

forexminded
Feb 11 at 09:18
26 posts
Firstly, I set the percentage of risk which I can afford and then think about the lot size.

robindude
Feb 18 at 08:54
74 posts
I trade at the risk reward ratio of 1:2 to minimize the losses and keep the profit in margin

chesteroconnell
Feb 24 at 12:06
4 posts
For managing risk, I usually try not to risk more than 1 or 2% of my total capital and trades. This has become an effective strategy for me and has worked out well so far.

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