FTMO $200,000 Challenge — Position Size Calculator

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Risk Guide

With FTMO's $10,000 daily loss limit on your $200k account, you can handle exactly 5 losing trades at 1% risk ($2,000 each) or just 2.5 trades at 2% risk ($4,000 each) before breaching the daily limit. This makes 1% risk per trade the sweet spot for sustainability. The real danger with this account size isn't the 10% max drawdown at $20,000 - it's the daily 5% limit that will catch aggressive traders off guard. One bad news event while you're overleveraged can end your challenge instantly. For position sizing, let's get specific: On EURUSD with a 50-pip stop, 1% risk means 4 standard lots. On GBPUSD with a 40-pip stop, it's 5 standard lots. For gold (XAUUSD) with a $20 stop, you're looking at 10 standard lots. The math is simple: Risk amount ÷ (stop loss in pips × pip value) = position size. Your challenge phase requires hitting $20,000 profit (10%) over minimum 4 trading days, then Phase 2 needs $10,000 more (5%) with the same risk limits. Here's what most traders miss: the daily loss limit stays at $10,000 throughout both phases, but your account balance grows, making the percentage impact smaller. Once you pass to the funded account, these same rules apply, but now you're trading real money with an 80/20 profit split. The consistency rule absence means you can have larger winning days without worrying about not exceeding a certain percentage of total profits on any single day. Risk 0.5-1% per trade during drawdown periods, scale up to 1-2% when you're in profit. The $1080 challenge cost means you need to be profitable by more than this amount to break even, so factor in at least one retry when calculating your total investment.

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