Risk management —
How many lots to open and how to protect yourself
This is the most important module in the entire Academy. You can have the best signal in the world — if you don't know how many lots to open and how to manage risk, you'll still lose your capital. Risk management isn't optional: it's the foundation of every professional trader.
Never risk more than 2% of your capital on a single trade. This rule alone allows you to survive long losing streaks and stay in the game long enough to be profitable.
How to use the risk table
Before every trade, open this table. Find your current balance in the first column and use the Volume Totale shown in the second column. It's already calculated to respect a risk of ~2% of capital with a standard 50-pip Stop Loss on XAU/USD.
| Balance (€/$) | Volume Totale | How to split the lot (3 orders) |
|---|---|---|
| $250 | 0.03 | TP1: 0.01 | TP2: 0.01 | TP3: 0.01 |
| $500 | 0.07 | TP1: 0.03 | TP2: 0.02 | TP3: 0.02 |
| $750 | 0.11 | TP1: 0.05 | TP2: 0.03 | TP3: 0.03 |
| $1.000 | 0.15 | TP1: 0.07 | TP2: 0.04 | TP3: 0.04 |
| $2.000 | 0.30 | TP1: 0.14 | TP2: 0.08 | TP3: 0.08 |
| $5.000 | 0.75 | TP1: 0.35 | TP2: 0.20 | TP3: 0.20 |
| $10.000 | 1.50 | TP1: 0.70 | TP2: 0.40 | TP3: 0.40 |
This table covers the most common scenarios, but if your balance or Stop Loss are different, use the calculator for a precise, tailored result.
Open the Lot Calculator →This table is purely illustrative and educational. The values represent an example calculation and do not constitute financial advice. Always set your parameters based on your actual available capital and your personal risk tolerance.
How to manage multiple Take Profits
When a signal includes TP1, TP2 and TP3, you need to open 3 separate trades — one for each target. All with the same Stop Loss and the same lot, but each with its own TP. Here's what it looks like in practice:
Why split the lot this way?
The larger lot (TP1: 0.07) closes first, locking in a safe profit on the shortest move. The smaller lots (TP2 and TP3) stay open for more distant targets. This way you've already banked profit while you go for the more ambitious targets — reducing emotional exposure.
The 4 golden rules of risk management
Profitable trading over the long term doesn't come from single big wins — it comes from consistency in following the rules, trade after trade. Those who follow risk management survive the rough patches. Those who don't, don't.