Low risk · 1% per trade
After 10 losses: $904 (90% left)
7,400 units
0.07 lots = 0.7 mini = 7 micro · $10 at risk = $0.5 / pip
Tools
Position size calculator
Size the trade from account balance, pair, and stop-loss pips. Each tier shows what ten losses in a row would leave you.
Small risk · 2% per trade
After 10 losses: $817 (82% left)
14,700 units
0.15 lots = 1.5 mini = 15 micro · $20 at risk = $1.0 / pip
Moderate risk · 3% per trade
After 10 losses: $737 (74% left)
22,100 units
0.22 lots = 2.2 mini = 22 micro · $30 at risk = $1.5 / pip
High risk · 5% per trade
After 10 losses: $599 (60% left)
36,800 units
0.37 lots = 3.7 mini = 37 micro · $50 at risk = $2.5 / pip
Very high risk · 10% per trade
After 10 losses: $349 (35% left)
73,500 units
0.73 lots = 7.3 mini = 74 micro · $100 at risk = $5.0 / pip
Extremely high risk · 15% per trade
After 10 losses: $197 (20% left)
110,300 units
1.10 lots = 11.0 mini = 110 micro · $150 at risk = $7.5 / pip
Forex Trading Basics
Instructions
Pending order should be placed as signal arrives (at “From” time). “Till” time is intended to forced exit. Any open trade is “Filled” when “Till” time is about to be reached. Any pending order is “Cancelled” when “Till” time is about to be reached. Use trailing-stop to maximize profit.
Please keep in mind that different brokers give different quotes at a specific point of time. The difference is usually about 5 pips and perhaps more. To overcome this issue Forex Trading Consultants averages quotes from different brokers and provides “average” results. Nevertheless it’s possible that your trade reaches entry/take-profit/stop-loss level when a Forex Trading Consultants trade doesn’t and vice versa due to quote difference.
Disclaimer
Stocks, Options, Binary options, Forex and Future trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stock, binary options or futures markets. Don’t trade with money you can’t afford to lose especially with leveraged instruments such as binary options trading, futures trading or forex trading. This website is neither a solicitation nor an offer to Buy/Sell stocks, futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. You could lose all of your money fast due to: poor market trading conditions, mechanical error, emotional induced errors, news surprises and earnings releases.
CFTC RULE 4.41 — HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.