How To Calculate Your Position Size In Forex...

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This is the easiest way to calculate what position size you should use on a specific trade.
My normal risk on a single trade is 2% of my total account value. There is math you could do that would probably take about 6 minutes to calculate what position size I need to use.
The better choice... Use a position size calculator. They do all the math for you and tell you exactly what position size you need in order to risk a certain amount of $ on a trade or a certain % of your account on a single trade.
The one I use can be found here:
www.myfxbook.com/forex-calcul...
(copy and paste the above link in your browser)
Talk soon,
Your honest trading coach,
Steven

[@masterifeanyi9269]

Thank you for sharing this, thanks for every knowledge you have added in me

[@brucesmith6868]

Thanks Steven

[@parysa_Ahmad]

Thank you

[@muhammadakar_1069]

How much interest does IBKR take?

[@nikolatesla5028]

bro de we need to put 100 for 10 pis stop loss or just 10 for 10pips stop loss in that SL entry box? I

[@yyyy1261]

Link guys?

[@utigreg]

Why did you cut the video

[@rmelv]

The only problem with this is it doesn’t work for indicies, I tried to calculate for the Dow but it wasn’t on the list

[@hutup9092]

Yes check on how to calculate indices, nd u will see d result

[@user-yt6py2ig5j]

Bro which broker is the best broker to trade with

[@mrpath.6992]

Kot4x

[@S056.IIV.]

Bruh yu da fucking Mann!!😂😂🚀

[@HeadTrapperpro]

what if i had 100x leverage ?

[@saadabouraja5531]

yes i had 200x any solution ??

[@barackobama66999]

Leverage doesn't affect the lot size.

[@tradingcoastal]

How to check with leverage

[@Maarxc]

just divide by leverage and you'll get the margin

[@lloydmzy]

⁠​⁠@@Maarxcso if my leverage was 1:100, am I dividing it with my calculated lot size? E.g. 100/10?

[@Maarxc]

@@lloydmzy If you want to place a 10 lot order with 100:1, your margin will be 0,1.
10/100=0,1.

[@jonathongeneral3744]

Just add it to you mt5

[@ikatefx]

Hi can you make a video like this but for Gold. I don't know what to put in the Trade Size (Lots). Thanks

[@danielacaudillo9819]

I have this exact question!

[@humphrey87]

Same

[@dashanhicks1269]

This didn’t help