New here, curious about risk sizing for newer traders
Hey everyone, just joined. I've been paper trading for a bit and recently started with a small live account, mostly on $EURUSD. I'm trying to get a handle on risk sizing, and I've read about the 1-2% rule, but it feels a bit abstract when you're just starting with a smaller capital base. How do you seasoned traders generally approach position sizing when your account isn't huge, without either over-leveraging or making trades so small they feel insignificant?
The 1-2% rule isn't abstract; it's a hard limit. If your account is too small for that to feel meaningful, you either need more capital or you're trading too large of a lot size for your current funds. Trading micro lots is usually the only option for smaller accounts if you want to stick to those risk parameters.