Should the risk in every always be 1% to 3%?

[woodskull]

Many traders follow a strict risk management and 1% to 3% seems to be the safest with a good capital, is there any traders here that risk more and are profitable and consistent?

 

[Jaylovin]

i risk under 1%, removes most emotions in trades... losers are easier to swallow. There are EA's which risk to make aggressive gains but i don't think its long term successful

 

[Tatendarudd]

It really depends on how much you have on your account

Many traders follow a strict risk management and 1% to 3% seems to be the safest with a good capital, is there any traders here that risk more and are profitable and consistent?

 

[Dani82]

a good risk management is the basis in the world of trading. especially at the beginning never exceed 1% of risk

 

[bestgoal]

My risk level is 0.01 lot per 100$ in my account

 

[woody]

I find that I generally keep to 2 or 3% however, sometimes one see a setup on the chart that looks like a perfect entry. Take for example, Harmonic Patterns. You get good ones and ones that just make it as a pattern. And then you get good ones that fire of with a perfect confirmation. I will risk upto 5% on these day trade as I watch them go quickly into profit. Stop to BE almost immediately.

 

[takechance]

Trading is all about probability. Nothing works for certain and nobody can predict the markets. We all are just taking a chance keeping our risk low and reward potential higher.

 

[chetan04]

IMO it is all depends on your capital and then decide how much risk you are ready to take

 

[Sean Wallace]

Forex market is a risky market. We all know that trading without any knowledge can cause a big problem. So, it is needed to be gather all information before investing in this risky market. To prevent loss we can take help from different financial advisors. I always take advice from AtoZ Markets. They help me to know more about markets and help me to prevent loss. They also help me to make profit consistently

 

[MK1111]

Yes, if you want to trade for 10 years or more in this business