Position Sizing Tool - Risk Management - Learn Forex Trading and Make Money

This forex tool will guide you to determine the best size for your position. The tool adjusts the size with the pair you trade, your equity, the entry and exit prices and the maximum risk per trade.

According on your account size (equity, currency of the account) the pair you trade and the risk you accept on one trade the program will calculate the exact position sizing you have to use for your trade.

Your Equity : (Put here your trading balance available for trading.)

Risk per trade: or % of your equity.

(How much you can risk in every trade. Maximum 5% is recommended))

The trade:
Pair: Entry: Stop : equal to pips.

(Put here how many pips is your stop loss.)

To follow your money management rules, you have to take the following position size:

The pip value will be Leverage

Fixed contrat size:

Contract	Round*	Nb contracts	Pip value	Leverage	Risk
10k = 10'000	sup
10k = 10'000	inf
50k = 50'000	sup
50k = 50'000	inf
100k = 100'000	sup
100k = 100'000	inf

*Round : The number of contract should be round. We calculate the risk for rouding up and down.

File info:

Title: Position Sizing Tool - Risk Management
Description: The following forex tool will help you to determine the best size for your position. The system adjusts the size with the pair you trade, your equity, the entry and exit prices and, of course, the maximum risk per trade.
Viewed: 111
Added: 22 December 2009
Added by: hatem1971

Rate: