Risk Management Plan for $100 in Futures Trading
1. Risk Per Trade
Max risk per trade: 1–2% of total capital.
That means:
1% = $1
2% = $2
This ensures that even after a string of losses, your capital remains intact.
2. Position Sizing
Use position size calculators to determine contract size based on stop-loss and risk amount.
Example:
If you're risking $1 and your stop-loss is 5 ticks, and each tick is worth $0.20, you can only trade 1 micro contract.
3. Stop-Loss Discipline
Always use a stop-loss order.
Predetermine your stop before entering a trade based on:
Market structure
Volatility
Never widen your stop to avoid getting stopped out.
4. Profit Target / Risk-Reward Ratio
Aim for minimum 1:2 risk-reward ratio.
If you risk $1, aim to make at least $2.
This means you can be profitable even with a win rate under 50%.
5. Daily Loss Limit
Max daily loss: 3-5% of account = $3–$5.
If you hit this, stop trading for the day.
6. Weekly Drawdown Limit
Max weekly loss limit: 10% = $10.
If you hit this, take a break and review your trades.
7. Trade Setup Filters
Only take high-probability setups (e.g., breakouts with volume, trend pullbacks, etc.).
Avoid overtrading or chasing the market.
8. Journal Every Trade
Keep track of:
Entry/exit
Setup type
Mistakes
Emotions
Outcome
9. Adjust as Account Grows
As your account grows, your risk per trade grows with it.
E.g., $200 account = $2–$4 risk per trade.
10. Psychology Rules
Avoid revenge trading.
Stay calm; small accounts require extra discipline.
It's okay to not trade every day.