so you start with 200 bucks let’s say.
2% is what the guys say is the most you should risk, that’s 4 bucks.
On a pair that requires 20 point SL that’s 0.2 per point win or lose.
Gonna take a long time to make any proper money isn’t it.
I risk 120 bucks a day, I,ve got a lot more than that in my bank. It doesn,t matter what is in your trading account as long as it covers deposits.
SO, as I said you start with what you are worth and you have to descide how much of that you are willing to lose before you become one of the 95%.
I didn’t trade until I had enough knowledge to risk 120 bucks a day, I didn’t see the point in risking 1 buck until I could see a real, spendable return.
It is easy to fritter away 200 bucks on 50 trades because your stop losses are unrealistic and give the trade no chance to bear fruit.