I was curious how people apply money managment systems when heavily leveraged and day trading. I typically swing trade and rarely trade with leverage. When I do leverage it is in very small amounts. I manage risk by determining a logical stop and then calculating the number of shares to buy to ensure that if i'm stopped out I will not loose more then 2% of my account on the trade. How does one do this with a heavily leveraged account? I imagine a single trade with high leverage could pose a serious risk to your entire account unless you set your stops very close to your entry points (which isn't always practical).