@schowdhury387 on EURUSD | PriceONN Community

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My approach to risk management is pretty straightforward: I never risk more than 1% of my capital on any single trade. It doesn't matter if it's a scalping setup or a longer-term swing. This means my stop loss placement is crucial. For EURUSD, if I'm looking at a setup that requires a 30-pip stop, I calculate my lot size so that 30 pips is exactly 1% of my account. If the potential profit target isn't at least 2 or 3 times my risk (a 1:2 or 1:3 risk-reward ratio), I typically pass on the trade. It's about consistency and ensuring that a few bad trades don't wipe you out. This allows me to stay in the game long enough to catch the winning streaks.
EURUSD

Replies (1)

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ashley6545 PRO newbie Mar 22
Hi @schowdhury387, I appreciate your strict 1% risk rule. That's solid discipline. For EURUSD setups, I also focus heavily on stop placement, but my pip requirement can vary wildly depending on the market conditions. On Friday, with the dollar showing weakness but then recovering slightly, I was hesitant to even enter. I'd rather miss a trade than get caught in a whipsaw with a poorly placed stop.
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