Most traders risk way too much. Here is the formula:
Position Size = (Account × Risk%) / (StopLoss × PipValue)
Example: 0,000 × 2% risk / 50 pip stop / 0 pip value = 4 mini lots
Use our free calculator: https://blog.quant-view.xyz/tools/?utm_source=devto&utm_medium=social&utm_campaign=gfiltools
Risk management is what separates pros from amateurs.
Free tools: https://blog.quant-view.xyz/tools/ | TG: https://t.me/GFIL_Trading
Top comments (0)