BrightFunded $10,000 Challenge — Position Size Calculator

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Firm Rules Summary

Risk Guide

On BrightFunded's $10k account, you have exactly $500 to lose daily before breach - no buffer, no second chances. At 1% risk ($100 per trade), you can survive 5 consecutive losses before hitting the daily limit. At 2% risk ($200 per trade), you're down to just 2.5 losing trades, meaning your third loss puts you in violation territory. This is where most traders destroy their accounts - they think 2% is 'conservative' but don't realize how quickly it compounds against them. The math for position sizing is straightforward but critical. For EURUSD with a 30-pip stop, 1% risk gives you $100 ÷ 30 = $3.33 per pip, roughly 3.33 standard lots. For GBPUSD at 40 pips, you get $100 ÷ 40 = $2.50 per pip or 2.5 standard lots. Gold traders with 200-pip stops get $100 ÷ 200 = $0.50 per pip. The pattern holds: Risk Amount ÷ Stop Loss in Pips = Position Size per pip. The real danger with this account size isn't the $1,000 max drawdown - it's the daily $500 limit. You could be profitable overall but still breach by losing $500 in a single session. This happens when traders revenge trade after a few losses or size up trying to recover. Between challenge phases, your risk management stays identical. Phase 1 needs $800 profit (8%), Phase 2 needs $500 profit (5%), but the daily loss limit remains $500 throughout. Many traders get cocky after passing Phase 1 and blow out in Phase 2 by taking larger positions. The funded account maintains the same $500 daily limit - BrightFunded doesn't give you more rope to hang yourself with. Stick to 0.5-1% risk maximum. Yes, it feels slow with only $100 risk per trade, but five consecutive losses at 1% still leaves you alive to trade another day. At 2% risk, three bad trades and you're done.

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