I'm not saying these are the golden rules but it works for me. Feel free to adjust and critique to your liking. I'm just trying to prove risk management is key, I thought I'd share with the family. Works on Forex. It's a whole other calculation for Nas and XAU - Account amount ➗️ 5 days = Daily dollar amount. -Account Amount ➗️ 30 days = Daily lot size. ($300 ➗️ 5 = $60 daily goal) ($60 daily goal ➗️ 30 = 2.0) Always move decimal to the left Daily lot size would be .20 More then likely I would place two trades during the day at .10 each. My goal is to double my account every weeks or so. I reset my my daily goal and lot size once I double my account. With @Tadarrius Adams , discipline and a solid trading plan my account should compound in no time. SCI's a blessing. See ya'll at the top.