The only RISK MANAGEMENT for Prop Firms video you need

Thanks dude ... imma try it on my futures prop firm 😅

🏁 0.5%-1.5%

How do i calculate the contract size or lot size after i have decided what percentage of risk i will use?

❤❤❤❤

What a bunch of bs . “Are you profitable “, if i was I would need your advice. Being profitable is the hard bit, everyone knows basic money management, you learn that in your first couple of weeks of your trading journey.
Sick and tired of all this mentors who focus on bs like psychology and money management ( basic MM) and skip over the actual thing everyone came on yt to find out, a way to help them become profitable.

Bro posting heavily hhh are you in deep drow down 😂

🏁 Normal does not make money, so I'll go with the aggressive one.

I'll be using a normal risk managment approach with 0.5%-1% risk per trade, since I have never made money in the markets before. 🏁

Brother kimmel is making trading simple, one video at a time 🏁

Normal risk management (0.5%) is ideal for me.

Videos are on fire 🔥lately, material being shared is top quality 👌. Muito Obrigado.

🏁will go with the normal approach

🏁 NORMAL RISK MANAGEMENT 🏁 Love ur vids btw Kimmel

Will surely be going with the normal path, with the 5k or 10k account am going to win.

And surely sticking to the % I get from the formula 🏁

🏁 I'm going to use the normal I've been taking too long on challenges I know when to reduce my risk when the account goes below the starting balance. Mi g kimmel top guy

Great Advice! Thanks 😀

Normal 🏁

Great information sir , i would like to try the Normal approach method on a 10k account with 0.8% risk per trade and after passing the phases I change the risk percentage from 0.8% to 0.5% per trade with consistency in live acc🏁🏁🏁

soo true, I risk 0.20% per trade due to this I take 4 Months to pass Phase 1 of 10K Account. Now I Understand how I Change my risk Approach acc. to equity curve. thanks Kimmel🏁🏁

🏁 Aggressive all day all night

🏁 Surprisingly, I'm using the normal approach right now. 0.5% - 1% per trade. Managed to claw back from -2% drawdown to +2% on my current evaluation. That and sticking to one strategy also helped.

1.5% per trade 🏁 I hope I will win

🏁 In 2 years of prop trading challanges I lost 2 accounts in the first 2 months because of the wrong account sizes and i was going for 0.10% / trade but i had 30 days to reach the target ... so i was dead from the start ... Then i focused on nor loosing the chalanges on MFF so that i had the option to reset the account and learning . now i'm going on the 0.5 % normal 1% just if i see e perfect perfect setup and 0.1 % just for training, if i see a setup forming but is not in my usual patterns. BTW i use the 5000 accounts for now as proof of concept... if I go from challange to payout 2 times with a 5000 account then I can move on to bigger sizes.

Take SL to 50 % trailing as soon as trade goes into your profit area that way you can take 2 SL in the cost of one 🏁 ( it depends on your strategy also ) 🏁🏁

The normal is the most reasonable option at any time. 0.5% - 1% puts enough buffer.
If I can add one thing here, it is once an account is below the starting balance, risk 0.5% then when BE or above the balance, you can risk 1% again and it will still make sense.

Well done giving explanation and suggestions. A lot will benefit from it kimmel 🏁

🏁I'll go for the Normal approach, 0.5% - 1% risk per trade on the 10k account

0.5% per trade, 1% overall🏁

"tens of thousands, not a lot of money"

🏁 thanks for the video, I was going with the normal approach 0.5-1% until now and that's how I'll do it from now on, it seems to be the best for me

you have to do some formula for thw swing traders, who take also 1 trade for week

You need a good strategy, be patient and only take the best setups and not over trade.

I would go for the Normal approach, 0.5% - 1% risk per trade as I see this is what suits me best 🏁🏁

normal

I passed phase 1 as normal trader and went to 4months of lossing streaks 😢but haven't failed yet bounced from -8% DD to -4% now

Normal is good for me

Great video,but what RR do you recommend

@Kimmel Kimmel, who runs the world really? Is there a colony on the dark side of the moon? Is Michelle Obama actually a man Michael Obama ? All questions I need to figure out before the next session…

🏁 i was thinking of trying a funded account challange and you made this video at the right time. I was thinking of 1% per trade and as per your suggestion i might just go ahead with it. Thanks alot for this valuable video. Keep up the good work.🎉

I have 50k topstep challenge, max loss limit 2k, my risk is 0,5%🏁

🏁 Normal at the moment but, planning to try other 2 risk management in the future... let see how I feel on each one :)🏁

🏁 I use between 0.25-1 percent risk. 1% is my max. When I go over that amount, I tend to blow my challenges.

Thanks for the explanation ... For me I will go with the normal approach 0.5%-1% 🏁

aggresive🏁

Thank you for sharing. I plan to use the aggressive option to pass a challenge.

I normally trade a 50k account with $2,500 drawdown, which is the maximum amount of money given. If I risk 1%, that would be $25 per trade, right?

Great stuff as always!
Normal approach seems suitable for my style tbh. But I have never seen this approach as per week. I always used 1-2% risk per trade when I am in profit and 0.5% when I am in loss. But this weekly trades formula seems more efficient. Thanks for the video 🏁

Agradecido pelo diagrama. fiquei agora a conhecer o teu canal não sabia que és Português 👍

🏁 The "Normal One" like Jürgen Klopp said 😅

The normal risk 🏁will work for me thanks a lot.