Understanding Position Sizing in CFDs

Look, people get wiped out because they don't get position sizing right. It's not about how much you can put in, it's about how much you should put in based on your stop loss and overall risk per trade. For example, if you're risking 1% of your account per trade and eyeing a $NZDCAD long around 0.8125, you calculate your lot size so that if it hits your stop, you only lose that 1%. Don't just blindly throw money at it.