First Way:
Risking A Dollar Amount
Amount To Risk
Divided Into
Stop Loss Pips
Divided Into
10
Equals Lot Size
Second Way:
Risking A Percentage Of Your Account
Dollar Amount Of Account
X (Multiple)
Percentage Risk
Divided Into
Stop Loss Pips
Divided Into
10
* See Example on thumbnail or home of this article for details and yes, please P R A C T I C E !!! *Write this down and memorize this.
Risking A Dollar Amount
Amount To Risk
Divided Into
Stop Loss Pips
Divided Into
10
Equals Lot Size
Second Way:
Risking A Percentage Of Your Account
Dollar Amount Of Account
X (Multiple)
Percentage Risk
Divided Into
Stop Loss Pips
Divided Into
10
* See Example on thumbnail or home of this article for details and yes, please P R A C T I C E !!! *Write this down and memorize this.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.