Risk management on Nadex

[kblaine]

Spot option brokers generally suggest your trade size be limited to 1% - 5% of our account balance for protection against a long losing streak. But Nadex has higher payouts and we can sell a contract early to minimize losses. Seems like we could use higher risk per trade percentage, right? So has Apex or Nadex published guidelines for trade size? What would those be?

[stanz80]

We use the following rules:

Risk Management and Your Frame Of Mind The 5% Rule

Risk Management, 5%, five percent, five percent rule, 5% rule, five percent plan, 5% plan,

[darrell]

Not sure what you mean by spot option brokers. If you mean bucketshops with non cftc regulated binaries i suggest you risk 0% with them.

Trade size should be based on risk.

I have found risk works well with a 5% / 6 rule

Higher payouts do not mean I increase my risk.