2% Rule(s)

Hello. If I had two bad weeks I might make haste and go work at waffle house.

 

But that is advice for a hedge funds. Because customers wont be happy if you blow all their money.

Now for trading small personal accounts (small relative to your income), you effectively have an infinite bank roll and can bet up to 100% if you want to.

By infinite i mean, if you have a job or other income, you can keep recharging a small account forever (or until you die).

 

you should look at your account as the sum of the present value of your income as well.

 

True.