How Much Can I Afford to Lose on This One Trade?

The first question you ask is how much can I afford to lose on this one trade because protecting your capital must be your first priority as a trader. Good traders are great risk managers and it could be the make or break of your account like Jason said we're going to run through a couple of methods do you want to kick off a killYeah sure so we'll start with fixed percentage let's call it, that just means that to the percentage that you risk per trade is the same. And if you're gonna take what would be the second one our next topic will be about money management business size.