Position Size Calculator
The position size calculator helps forex traders find the approximate amount of currency units to buy or sell to control your maximum risk per position.
The position size calculator helps forex traders find the approximate amount of currency units to buy or sell to control your maximum risk per position.
Hey guys How does spread work when setting an order , does it differ based on the lot size?
Forex is traded in specific amounts called lots. The standard size for a lot is 100,000 units. There are also a mini, micro, and nano lot sizes.
A lot references the smallest available trade size that you can place when trading currency pairs in the foreign exchange market.
The pip value calculator helps forex traders determine the value per pip in their base currency so that they can monitor their risk per trade more accurately.
Please help me to change attached EA initial lot size 0.01 My test results are attached. Timeframe: M5 & H1 Trading Pair: EUR/USD, GBP/USD Hunter_v9G_Beta.ex4 (115.5 KB)
Hello everyone, I have a question and would be glad to know your opinions and answers to it. What factors do you consider when determining the appropriate lot size for a trade in forex?
Hi All ! Forgive my ignorance, how the lot size is calculated in MT4? Its very easy to see in Oanda but I am getting confused here in MT4 and seek your kind help. For example, if my account size is $5000 and leverage…
Are there any strategies or guidelines for adjusting lot sizes based on account size and risk tolerance?
Hi there, Please read carefully. I am well aware od the leverage calculators, but they dont allow me to calculate my stop loss point. I want to be able to calculate the maximum LOT size I can use and not get stopped o…
What are your thoughts on opening an order on EURUSD with a lot size of 0.5?
I finally found a strategy that works for me and I am building my own trading journal on Google sheet. I have found platforms that calculate these separately, but I wish I could get an excel sheet/google sheet that give…
Hi there Can someone please advise what my lot size is?. understand that lots are 10k 100k etc, but I want accurately fill out my spread sheet.I cant understand how that is in relation to my equity etc.... There is l…
G'day, having one of those days where the penny hasn't dropped yet. I'm currently demo trading, funded w/$10000 AUD/JPY, 50:1 leverage, trading as I learn so I can incrementally add new elements of strategy as I unders…
Today I realized that I need a demo account with the amount of fake money I will have on my live account in the future. That is 100usd. I googled which lot size is best for 100usd accounts and it turns out micro lots are…
Hello all, I've searched the forums, but couldn't find any info on step lots, so I hope someone can shed a bit of light for me. While looking at the Cent Account overview via FXCM, I see that the minimum lot size is …
i would like to know the ideal lot size that i can use to double a 5000 dollar account in a month. reason being that i have seen people doing it and i will like to take the test of doing my own using a demo account, thou…
Is a 50 dollar profit target monthly on a 850 dollar account using a 0.01 lot size realistic.
The best place for a beginner is a demo account. You will learn about the basics of how the market moves, how to set your entry, stop loss and take profit for each trade and how to determine your lot size. But what happe…
When I go to trade XAUUSD I can only select 1.0 as my lot size on MT4. Does anyone know how I figure out my Profit and Loss when im looking to risk 1% of my account? I only ever risk 1% but 1.0 lot size is far too much …
whats maximum lot size can you use with leverage of 1:3
Good day house!!! Please, how can I reduce my lot size in MT4 below 0.01. And again what is the advisable lot size to use for beginners.
I can’t seem to change lot size on the mobile app. How do I do that please?
Im a newbie trader and im struggling with lot sizes. Up until now i have been using eToro which is pretty simple. Define risk, determine entry and stop loss adjust position size to suit predetermined risk. Id like t…
Hello everyone, I'm new to baby pips and Forex in general. I just started learning a few weeks ago through a course on Udemy. I then found this site, which is a great addition for continuing my education into the worl…
Advanced Trend Line Trading with SSD Currency cross: GBP/USD (tested) others may be applicable. Time frame: 4 hour. Lot size: Suggested 0.5% - 1% of account balance. Indicators: Hand drawn trend lines. SSD (slow…
How many pips do I need to reach a target of 50$ daily in an account of 300$, 0.1 lot size?
Apologies if the questions sounds silly but I am new to this. If I intend to open a $2000 account, what should be the preferable size of a trade lot and which duration of chart should I study? Please also share the a…
Hi I’m only 15 years old and I haven’t been school in the past year so sorry if my grammar sucks but anyways i started with GBP250 and I turned it all the way to GBP600 in a month with 0.10 lot size. So far everything wa…
Hi I'm a little confused on this, if I have a balance of $100 and did a 0.01 volume lot size buy limit order and gain 30 pips. Does this mean I made 30 cents? What if I change the lot size to 0.1? Is my balance too smal…
If we all did things we are capable of doing, we would literally astound ourselves.Thomas Edison