The5ers $10,000 Challenge — Position Size Calculator

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Firm Rules Summary

Risk Guide

With The5ers 10k account, your daily loss limit is $300 (3% of balance). At 1% risk per trade, you're risking $100, which means 3 consecutive losses will hit your daily limit exactly. At 2% risk ($200 per trade), just 1.5 losing trades breach the limit - so one full loss plus a partial second loss ends your day. This is the primary danger scenario: taking a 2% loss early in the session severely restricts your remaining opportunities. For position sizing calculations: EURUSD with 30-pip stop requires 0.33 lots for 1% risk ($100), while 0.17 lots gives you 2% risk. GBPJPY with its higher volatility - say a 50-pip stop - needs 0.20 lots for 1% risk. Gold (XAUUSD) with a $20 stop requires 5 micro lots for 1% risk. Always calculate: (Risk Amount ÷ Stop Loss in dollars) = Position Size. The math becomes critical when you consider The5ers' 6% max drawdown ($600 total). This combines daily losses across multiple days, so two $300 daily loss days would approach your overall limit dangerously. Your profit target of $1,000 (10%) in this single-phase challenge means you need roughly 10 winning trades at 1% risk with 1:1 reward ratio, or 5 trades at 1:2 reward ratio. Once funded, these same risk management principles apply, but The5ers typically maintains similar daily loss limits on funded accounts. The key difference is you're trading live capital and receiving profit splits. Your position sizing discipline established during the challenge becomes even more crucial when real money and ongoing income are involved. Never deviate from your proven risk parameters just because you've reached the funded stage.

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