Successful day traders typically risk 1 to 2 percent of their capital on any given trading day. So, if you have an $80,000 account, that means risking between $400 and $800 per day.
Be sensible with how much capital you risk per trade
Remember, just because you have some initial success in choosing a trading strategy, that doesn’t mean that it will last. Always proceed cautiously into the market. Be like a fawn in the forest, taking only baby steps at first.