Cryptocurrency Q&A
What is the 1% rule in FTMO?
What is the 1% rule in FTMO?
MysticStorm
Sat Dec 07 2024
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5 answers
969
I'm interested in learning about the 1% rule in FTMO. Could you explain what it is and how it applies to trading in the FTMO platform? I want to understand this concept to better manage my trades and risks.
5 answers
QuasarPulse
Mon Dec 09 2024
When delving into the realm of trading, a piece of advice that often echoes through discussions, articles, and tutorials is the significance of risk management.
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CryptoAlly
Mon Dec 09 2024
One of the golden rules frequently emphasized is that a trader should never risk more than 1% of their account size on a single trade. This principle serves as a cornerstone for maintaining financial stability and preventing substantial losses.
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CryptoWanderer
Mon Dec 09 2024
Adhering to this 1% rule ensures that even if a trade goes against a trader's favor, the impact on their overall account balance remains minimal. This allows them to bounce back quickly and continue trading without facing severe financial constraints.
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CryptoWanderer
Mon Dec 09 2024
The importance of this mantra cannot be overstated, regardless of the size of the account one is trading on. Whether a trader is managing a small, medium, or large account, this rule applies universally.
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Raffaele
Sun Dec 08 2024
BTCC, a top cryptocurrency exchange, also underscores the significance of this principle in its services. Beyond offering a range of products including spot, futures, and wallet services, BTCC educates its users on the importance of risk management.
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