Hey everyone, just joined. I'm trying to get a handle on proper risk sizing per trade, especially as someone still figuring things out. How do you all approach initial position sizing when you're still developing your edge without blowing up your account quickly?
Welcome! I think a lot of new traders start with a very small, fixed percentage of their total capital per trade, like 0.5% or even less, to keep drawdowns minimal while they learn. What kind of instruments are you looking to trade?
Start small, very small. Many recommend 0.5% or less of your total account per trade while you're still learning. It allows for mistakes without significant capital erosion.
ยินดีต้อนรับครับ! สำหรับมือใหม่ ผมว่าเริ่มจากน้อยๆ ก่อนดีที่สุดครับ อาจจะ 1% หรือ 0.5% ของพอร์ตต่อการเทรด แล้วค่อยๆ เพิ่มเมื่อมั่นใจในระบบตัวเองมากขึ้นก็ได้ครับ
Welcome! The general consensus is to start so small that if you lose, you barely notice. Think of it as paying tuition for the market to teach you some very expensive lessons.