MyFundedFutures $150,000 Challenge — Position Size Calculator

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Risk Guide

The MyFundedFutures $150k account presents a unique scenario in prop trading - zero restrictions on daily losses and drawdown. This means there's no mathematical limit to consecutive losing trades before account breach, as traditional prop firm rules don't apply here. However, this freedom requires exceptional self-discipline since you could theoretically lose the entire account in a single session without external constraints. With 1% risk per trade on this $150k account, you're risking $1,500 per position. For major forex pairs like EURUSD, assuming a 30-pip stop loss and $10 per pip per standard lot, you'd trade 5 standard lots ($1,500 ÷ $300 = 5 lots). For NAS100, with typical point values around $20, a 15-point stop would allow 5 contracts ($1,500 ÷ $300 = 5 contracts). Gold trading with a $10 stop might permit 15 micro lots, depending on your broker's contract specifications. At 2% risk ($3,000 per trade), these position sizes double, but without daily loss limits, a few bad trades could devastate your account quickly. The mathematical reality is stark: five consecutive 2% losses equal 9.6% total drawdown, and ten such losses approach 18% - levels that would breach most prop accounts, but here you'd still be trading. The absence of a profit target means no pressure to hit specific return thresholds, allowing for more conservative, long-term strategies. However, since there's no distinction between challenge and funded phases mentioned, this appears to be a direct-funded model where your $417 investment immediately grants access to the full $150k. Your biggest enemy isn't the firm's rules - it's your own risk management. Without external constraints forcing position size discipline, you must impose strict internal rules. Consider implementing your own daily loss limit of 3-5% ($4,500-$7,500) to prevent catastrophic drawdown. The freedom this account provides can be liberating for experienced traders but potentially destructive for those lacking rigorous self-control.

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