You do not want to risk more than 1% of your capital on any trade (1% or less is ideal, 2% should be the absolute maximum). You can use all your capital for one trade, but you must set a stop that will get you out of the position if 1% of your capital is lost. For instance, if your account is $30,000, you can buy 1000 shares of a $30 stock, but if the stock drops to $29.70 you must exit your position as you will have a loss of $300 which is 1% of your capital.
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