Core Concepts

Fixed Percent Risk

Risking a constant percentage of your account on every trade, adjusting lot size to maintain consistency

Fixed percent risk is the position sizing method where you risk a predetermined percentage of your account balance on each trade (typically 0.25% to 1%). The lot size is calculated using: Lot Size = (Account Balance × Risk Percent) ÷ (Stop Loss in Pips × Pip Value). This creates two powerful effects: compounding during growth (larger account = larger positions = larger dollar wins) and automatic protection during drawdowns (smaller account = smaller positions = smaller dollar losses). Unlike fixed lot sizes where risk varies with stop loss distance, fixed percent risk ensures every trade has identical proportional exposure regardless of stop loss placement.

How to Recognize

  • Formula: Lot Size = (Account × Risk%) ÷ (Stop Loss × Pip Value)
  • Compounding: $10k at 1% = $100 risk → grows to $12k at 1% = $120 risk
  • Protection: during drawdowns, position size automatically scales down
  • Recommended range: 0.25-0.5% for prop firms, 0.5-1% for personal accounts

How to Avoid

  • Rounding lot sizes to "neat" numbers (0.37 → 0.40 destroys consistency over time)
  • Manually adjusting risk percentage during losing or winning streaks
  • Using fixed lot sizes instead (creates inconsistent risk between trades)
  • Skipping the calculation — use a lot size calculator for every single trade