Question on position sizing for small accounts?
Hey everyone, fairly new here and still trying to find my footing. I've been paper trading for a bit and starting to put real money in, but it's a small account for now – like a few hundred quid. I've read a bunch about the 1-2% rule for risk per trade, but when your account is tiny, that often means your actual position size is miniscule, like barely moving the needle on your broker. Am I missing something? How do you guys manage risk sizing when you're starting out with a really small capital base without basically just trading micro-lots that feel insignificant?
Yeah, that's a common dilemma with smaller accounts. The 1-2% rule is solid in principle, but it can make it tough to get meaningful position sizes with only a few hundred quid. Have you looked into strategies that focus on higher frequency or smaller moves to compound quicker, even with tiny stakes?