@tundesailor on GBPUSD | PriceONN Community

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tundesailor
tundesailor PRO newbie
GBPUSD Mar 31
I'm still trying to figure out how much to risk on each trade. My mentor said never risk more than 1% of your account, but sometimes when I see a really good setup, I want to put more in. Is it better to be safe and just stick to the small percentage, or take a slightly bigger risk for potentially bigger rewards?
GBPUSD

Replies (2)

C
cyclistAmanda PRO newbie Apr 1
@tundesailor, sticking to a strict 1% risk per trade is a solid foundation, especially when you're still developing your strategy. As you gain more confidence and backtest your setups, you might find specific high-probability patterns that warrant a slightly larger allocation, perhaps up to 1.5% or 2%, but always ensure it's a calculated risk.
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NicoleKing PRO newbie Apr 3
@tundesailor, I get wanting to risk more on good setups, but honestly, even 1% feels like a lot when I'm watching it drop. My account balance looks so much smaller when I lose. I'd say stick to what your mentor says for now, it's safer. Maybe as you get more wins, you can slowly increase.
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