How To Properly Manage Your Forex Capital | The 1% Rule

Following the rule means you never risk more than 1 percent of your account value on a single trade.
No one wins every trade, and the 1-percent risk rule helps protect a trader's capital from declining significantly in unfavorable situations. If you risk 1 percent of your current account balance on each trade, you would need to lose 100 trades in a row to wipe out your account. If novice traders followed the 1-percent rule, many more of them would make it successfully through their first trading year.
Risking 1 percent or less per trade may seem like a small amount to some people, but it can still provide great returns. If you risk 1 percent, you should also set your profit goal or expectation on each successful trade to 1.5 percent to 2 percent or more. When making several trades a day, gaining a few percentage points on your account each day is entirely possible, even if you only win half of your trades.
Do you play Blackjack? They have an edge. You as a trader must have an edge as well.
You can't control the markets. But you can control what you loose!
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