A simple and efficient way to calculate the size of the position in units and lots to accurately manage your risk every time you manually open a new Forex position.
Risk Management is the most important part of being a successful trader. Correct position sizing is crucial to managing your risk and avoiding account blow outs.
It works with all major currency pairs and crosses. With a few simple inputs, our calculator will suggest a position size to trade. Sizing a position should be done in line with setting the right stop-loss and take-profit levels.