I read somewhere that mathematically it should be 1% of the bank
Does that seem right?
When trading How much of your bank do you risk on a Back/Lay
If really depends on what you are trading and how. 1% would probably be betting related.
When trading you should only win or lose a small % of your bank so you can commit more to the market. But if you are starting out, you will probably make a fair few mistakes so its worth setting it low to start.
When trading you should only win or lose a small % of your bank so you can commit more to the market. But if you are starting out, you will probably make a fair few mistakes so its worth setting it low to start.