Your default risk tells Rize Trade how much you are risking per trade, so it can calculate your R multiples across every trade and report.
Default risk, profit target and stop loss settings.
Why this matters
R multiples strip the emotion out of your P&L. Instead of seeing a $500 loss, you see -1R and know you followed your stop.
Without a default risk set, Rize Trade cannot calculate R for you, which means your reports and trade analysis are missing one of the most useful metrics available.
Where to find it
- Click your profile menu in the bottom-left corner.
- Open Settings.
- Go to the General section.
- Look for Risk Management.
How to set it
- Open Settings > General > Risk Management.
- Type in your standard risk amount per trade.
- Click Save Changes.
Every new trade will use this as the baseline for R calculations.
Should you use a default or set risk per trade?
Use a default if you keep your risk consistent across trades. Flat risk for 3 to 5 months keeps your data clean and your analysis meaningful.
Leave it blank and enter risk manually if you use dynamic sizing, adjusting risk based on setup quality or market conditions.
After you save
- Open a recent trade. Does the R multiple look right?
- Check your Reports. Are the R values reflecting your actual risk?
When to update your default
- Your account size changed and you adjusted your per-trade risk
- You moved from a prop firm challenge to a funded account
- You have been consistently profitable and are ready to size up
Do not change your default risk just because you had a good week. Size up from proof, not from feeling.