ilmscore | Prediction Details
"we have twelve thousand two hundred fifty two dollars in our account... I want to risk three percent of this... that gives us us 367.56 this is what this would be our RT... we now have a stop loss in Pips let's say of 32... we would just take our RT or risk tolerance of 367 dollars we would divide that by our stop loss in Pips which is 32 Pips and we need our risk per pip or our losses per pip to be around 11... I have an 11 lpp... with that being the case... you can do eleven mini lots or you can do one standard lot and One Mini lot what this means essentially is that our position size is going to be a hundred and ten thousand units"
By The Trading Channel (The Trading Channel) | December 30, 2022 | Pending
From video
Risk Management In Forex Was Hard.. Till I Discovered This Easy 3-Step Secret (Beginner To Advanced) 00:15:10 - 00:16:55
Interpreted Prediction
For an account of $12,252 risking 3% ($367.56) with a 32 pip stop loss, the target losses per pip (LPP) is approximately $11, requiring a position size of 110,000 units (1 standard lot and 1 mini lot).

Prediction Details

Topic
Position Size Calculation for Advanced Example

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.