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Position Sizing Account

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Jerry asked 6 years ago
Pat, please clarify.... if your total available capital balance is $100k, what percentage of this, would you RISK per trade? Investors Business Daily says no more than 8% RISK. Is 2% RISK,  based on your  account balance appropriate to utilize? Thank you for your wisdom! Jerry
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Avatar photoOwen Staff answered 6 years ago

Hi Jerry,
Video from Pat:
https://youtu.be/MxaDwaXLVNQ