Unit 6 · Risk Comes First

The 1% rule

Size so that being wrong is boring.

The arithmetic

Risk at most 1% of the account per trade. With a $2,000 account that is $20 of risk. If your stop is $5 away (per share/unit), the position is $20 ÷ $5 = 4 units. The chart sets the stop; the rule sets the size.

Why 1%

Because losing streaks are normal, not bad luck. Ten losses in a row at 1% is a -9.6% dent; at 10% per trade it is ruin. Survival is the strategy that lets skill compound.

Practice like it matters

In the practice arena, keep a fake account and honor a fake 1% rule. The habits you rehearse with pretend money are the ones that appear when money is real.

Quick check

Account $1,000, 1% rule, stop distance $2 per unit. Position size is…
  • 5 units
  • 50 units
  • 500 units
  • 1 unit

$10 risk ÷ $2 per unit = 5 units. Small enough to survive, big enough to matter.

Play the interactive version →

This lesson is part of the free learning path at /academy/ — progress, XP and boss games live there.

Educational content only — not financial advice.