Quant Tekel $5,000 Challenge — Position Size Calculator

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Firm Rules Summary

Risk Guide

With Quant Tekel's $200 daily loss limit, your risk management becomes a numbers game. At 1% risk ($50 per trade), you can absorb exactly 4 losing trades before breaching the daily limit. Push that to 2% risk ($100 per trade), and just 2 consecutive losses wipe out your day. This math doesn't change between Phase 1 and Phase 2 - the daily loss limit stays locked at $200 throughout. The real danger zone for this account size is the consistency rule interaction. QT Instant caps single-day profits at 25% ($1,250), while QT Power allows 35% ($1,750). Hit these caps, and you're not just limiting upside - you're potentially creating psychological pressure to overtrade on subsequent days to meet profit targets. For position sizing, let's break down popular instruments: EURUSD with a 30-pip stop allows roughly 1.67 lots at 1% risk. GBPJPY, typically more volatile, might see 40-50 pip stops, dropping your position size to 1.0-1.25 lots. Gold with its $10-15 stops per ounce could handle 3-5 ounces depending on your stop placement. The $500 max drawdown (10%) creates another constraint layer. Even if you avoid daily breaches, accumulating smaller losses can trigger this limit. Track your high-water mark religiously - it's not just about today's P&L, but your account's peak value since inception. Between challenge phases, your profit targets shift dramatically. Phase 1 demands $400 (8%) while Phase 2 drops to $250 (5%). This isn't just about hitting targets - it's about doing so while maintaining the 4-day minimum trading requirement and staying within consistency caps. Many traders increase position sizes in Phase 2 thinking it's 'easier,' but the daily loss limit remains unchanged. Your risk framework must stay disciplined regardless of which phase you're trading.

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