How much of your bank do you risk?

[scratchtrader]

No that was just an example, I tend to set my stakes at 10% of my bank, therefore I can lay at odds up to 11, please don't think I have invented a system where you lay at 11's

[LuckyYou]

Considering the conditions I tend to risk up to 10% if the conditions are not in my favor but 50% if the conditions are favorable.

You are betting from the USA - itsn't that forbiden for you ? I will tell the federals Kidding - just tell your friends to use betfair too ! You have no idea how I dream the Federals to allow Betfair in USA!!!!

[Temujin]

Considering the conditions I tend to risk up to 10% if the conditions are not in my favor but 50% if the conditions are favorable.

Not wanting to be a know-it-all, but why would you be entering any trade when you have found conditions to be against you?

[Agashaun]

Bankroll means different things to different people. I don't understand why having idle money is better than having money to trade with, meaning that if you are making money trading, your bankroll should be growing,

This is a question i tried to raise on this forum when i joned recently and found this thread, A bankroll as i understand it (quote me if am wrong) is a amount of money that can afford to be lost in a worst case senario, (ie risk tolerence) The risk tolerence we take as traders (not as gamblers) is a certain percentage. That percentage is our loss or gain per trade. 2% is what most traders use. The reason you have idle funds incorporated in a bankroll is to withstand drawdowns, ie 2% risk red up or closed trade position (and selection wins) you can have this happen to you 50 times before you go broke. You have to be very crap at trading for this to happen, i dont even think a newbbie could do that. If you have a great trading edge IMHO you should still never leave yourself fully exposed. If one uses all of his/her Capital for one trade what of the great Betfair outageevil, it can happen at any time. I use 30% with a five tick stop loss which losses me 1% of my starting capital, 10 tick stop will lose me 2%, but i am disciplined to get ot at 5 ticks against me

[EugeneRobertGlazer]

I risk my 1,2,3 days profit. If betfair down or my computer down, I can return my money very quickly. I trade horse racing.

[Agashaun]

I risk my 1,2,3 days profit. If betfair down or my computer down, I can return my money very quickly. I trade horse racing.

A break even method, this subject has made me tighten and confirm a sound stakeing strategy:Thumbs many thanks