Quant Tekel $10,000 Challenge — Position Size Calculator

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Risk Guide

Your $400 daily loss limit means you can take exactly 4 losing trades at 1% risk ($100 each) or just 2 losing trades at 2% risk ($200 each) before hitting the breach. The killer scenario: taking one 2% loss (-$200) leaves you only $200 remaining for the day, meaning your next trade must be 1% risk maximum. Most traders underestimate how quickly consecutive losses eat into this limit. For position sizing math: EURUSD with 30-pip stop at 1% risk = $100 ÷ 30 pips = $3.33 per pip = 3.33 mini lots. XAUUSD with $20 stop at 1% risk = $100 ÷ $20 = 5 mini lots. US30 with 50-point stop at 1% risk = $100 ÷ $50 = 2 mini lots. These calculations stay identical whether you're in the challenge or funded phase. The consistency rule adds another layer: QT Instant caps single-day profits at 25% of total profits, QT Power at 35%. This means if you're targeting $800 profit in Phase 1, your maximum daily profit on QT Instant is $200, on QT Power is $280. Exceed these and you fail for consistency violations, not just drawdown breaches. Between challenge and funded phases, your risk management stays the same - still 4% daily loss, still 10% max drawdown. What changes is the profit target drops from $800 to $500, and the consistency calculation resets. Phase 2's $500 target means QT Instant allows $125 max daily profit, QT Power allows $175. The minimum 4 trading days forces you to spread risk across multiple sessions. You cannot just take one massive winner and withdraw. Smart traders use 0.5-1% risk to ensure they can survive multiple consecutive losses while maintaining consistency. Risk 2% only when you have high conviction and sufficient daily loss buffer remaining.

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