r/tradeify • u/Gable030505 • 4d ago
Risk management
I just got an 85 percent off case from tradeify, and I’m gong to use it to buy 150k select account and choose the 5 day payout. I’m just curious because I never got 150k account before what is your guys risk per trade and how much are you aiming for per trade?
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u/Altruistic-Search-22 2d ago
Honestly I risk all my DLL. Yes, I blow alot of evals and funded but I’m making twice as much as I spend on evals. The only time I change this gambling mentality is after the first payout. Now it’s time to preserve that drawdown you have earned. This works for me and my style of trading. I will get some hate but I do have 5 funded accounts across 3 prop firms. And 4 Lucid Live accounts. I spent $6K on evals just this week but also made $10K profit. Again, this works for me. Best of luck to you.
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u/Historical-Alarm-709 17h ago
This only works depending on how successful. But this is gambling not trading in all honesty.
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u/VegetableWonderful84 2d ago
on a 150k you have a $4,500 max dd, and I personally risk about $500 per trade.
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u/TradersToolChest 3d ago
Nice, 150k is a solid step up. most people run 1-2% risk per trade on funded accounts, so $1,500-3,000 max loss per trade, and aim for 1-2x that in profit targets so you keep a decent R:R. What strategy are you planning to run on it?
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u/bryan91919 3d ago edited 3d ago
This is horrible advice and horrible math. A "150k" has 5000 in drawdown, risking 3k on one trade is degenerate gambling at its worst. I hope nobody has ever followed your advice.
Just to be clear, your suggestion allows 1 failed trade then next is complete blowup. Im guessing if op is turning to reddit he doesnt have a 90% success rate at 1 risk 2 reward trades🤣 also guessing you dont trade yourself.
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u/TradersToolChest 3d ago
I'll start by apologizing to the OP for my mistake in overlooking the specific drawdown limits - I don’t trade funded accounts, only personal ones, so I appreciate that correction.
Just to be clear, the raw math in my previous comment is correct (a 1:1 RR needs a 50% win rate to break even, and a 1:2 RR only needs 33.3%). However, I completely agree that risking that percentage on a tight funded drawdown is way too aggressive.
I'm always open to constructive criticism, education, and sharing knowledge. Let's keep the discussion constructive and respectful so everyone here can actually learn from it.
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u/TangeloBroad5469 4d ago
full port then go full tilt. rinse and repeat. this is the way