Often on this forum I see that guys suggest not risking any more than 1% of account size on a trade. This figure seems far too conservative to me. Ok, I understand that trading so small has psychological advantages as well as minimal risk for busting an account, but how are you going to make money? Lets say I had $50,000 to start (which is actually 5 times what I have) 1% of that would be $500 a position. I can't give numbers for a daytrader, but a swing trader would have to do 20 10% gains and no loses each month to make a "decent" 2% a month. I must be missing something because trading on 1 or even 2 percent of one's account sounds like a waste of time. Why not 5-7% on a trade? Comments appreciated.