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Risk management is not only advised, but also required in the world with a rapid book of prop firm de trading. Maximum drawdowns, daily loss cap, leverage use, and strict rules about trading size are applied by proprietary trading firms that fund traders' funds. A funded account may lose or evaluation may fail if these guidelines are broken. Using Metatrader 5 (MT5), a powerful and adaptable platform that provides all the equipment required to control and monitor the risk in real time, is one of the best ways to live within these risk parameters. This post shows how traders can effectively control the risk while doing day trading on MT5 in a props trading setting.

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How to Manage Risk Day Trading on MetaTrader 5 in Prop Accounts

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How to Manage Risk Day Trading on MetaTrader 5 in Prop Accounts

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