Forget about All the thread you have read on position sizing.
This is the fastest and easiest way to do it.
A TH~READ ๐งต
This is the fastest and easiest way to do it.
A TH~READ ๐งต
Before we dive in let understand what position sizing is all about...
Position sizing is the process of deciding how much money you should invest in a trade.
It helps you manage your risk by making sure you don't invest too much or too little.
It helps you manage your risk by making sure you don't invest too much or too little.
By using position sizing, you can maximize your returns while minimizing your losses.
Calculating it sometimes might be hard or stressful, below is the One of the easiest way to calculate it.
Calculating it sometimes might be hard or stressful, below is the One of the easiest way to calculate it.
FORMULA:
>> Lot Size = (Amount to risk per trade)รท(stoploss in pips ร 10)
Work through ๐๐ฟ
>> Lot Size = (Amount to risk per trade)รท(stoploss in pips ร 10)
Work through ๐๐ฟ
โข STOPLOSS = 17.9
โข AMOUNT TO RISK PER TRADE= $200
= 17.9 X 10 = 179
= 200 รท 179 = 1.117 Lots
IN THIS CASE you can round the number down by using 1.11
โข AMOUNT TO RISK PER TRADE= $200
= 17.9 X 10 = 179
= 200 รท 179 = 1.117 Lots
IN THIS CASE you can round the number down by using 1.11
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