EURUSD: Two stops and a daily risk ceilingEUR/USDOANDA:EURUSDordanemarketsPosition sizing rules read as separate numbers until they are placed side by side. Consider a hypothetical plan with a 3 percent daily loss ceiling and 1.5 percent risk per position, both calculated from the same fixed reference balance. Two full planned losses consume that entire allowance before commissions, spread and slippage. A stop order does not guarantee its execution price. On this native chart, mark the high and low of the last completed session. A stop placed outside that range is a different decision than a stop placed inside it. Compare the distance with the position size before judging how much of the daily allowance it would consume. Sizing a position without checking how many maximum losses fit inside the daily limit answers only half the question. Education only, not advice. All figures use simulated capital only; no deposits, no client money.