Instant Funding $120,000 Challenge — Position Size Calculator

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Firm Rules Summary

Risk Guide

On Instant Funding's $120k account, you can take exactly 5 losing trades at 1% risk ($1,200 each) before hitting the $6,000 daily loss limit. At 2% risk, just 2.5 trades - meaning your third 2% loss blows the account that day. This is where traders get burned: they take a 2% loss early in the session, then another 2% loss trying to recover, leaving only $2,000 cushion for the rest of the day. For position sizing, work backwards from your risk amount. At 1% risk ($1,200): EURUSD with 30-pip stop = 4 standard lots ($1,200 ÷ $10 per pip). GBPJPY with 40-pip stop = 3 standard lots ($1,200 ÷ $13.33 per pip). Gold with $20 stop = 6 standard lots ($1,200 ÷ $20 per point). At 0.5% risk ($600), simply halve these sizes. The real trap is the max drawdown rule. Your account can drop to $108,000 total before violation. If you're down $8,000 in closed trades, you only have $4,000 daily loss limit remaining, not the full $6,000. Track your total equity drawdown constantly. Between challenge phases, nothing changes for position sizing - the daily loss limit stays $6,000 throughout Phase 1 and Phase 2. However, the consistency rule tightens your largest winning day: in Phase 1, no single day can exceed 15% of total profits; in Phase 2 with Instant Funding GO, it's 25%. This affects how aggressively you can trade when approaching profit targets. The deadly mistake: revenge trading after a loss. Lose $2,400 on two 1% trades, then jump to 3% risk ($3,600) trying to recover. That single loss takes you to $6,000 - account blown. Stick to consistent 1% risk, accept that some days you'll hit 5 losses, and preserve capital for tomorrow's opportunities.

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