Forex Position Size Calculator Methods in Forex Trading - Equity Management
FX Funds Management Methods - Forex Trading Position Size Calculator
The position size calculator technique is an account management strategy where you risk the same proportion of your equity balance every transaction.
Forex Trading Position Size Calculator method says that there will be a certain percentage of your account equity balance that's at risk per trade. To calculate the % risk per each transaction, you need to know 2 things, the percent risk per trade and the Position Size - lot size of an open order so as to calculate where to put the stop loss order. Since the % risk is known, we shall use it to calculate the lot size of the trading order to be placed in the market, this is known as position size - Forex Trading Position Size Calculator.
Example - Forex Trading Position Size Calculator
If you have a account balance of $50,000 in your trading account and risk % is 2 %
Then 2% is equivalent to $1,000
Three traders buy EURUSD with stops at 20, 40, and 50 pips. Their position sizes work out like this.
Trading Example 1: - Forex Trading Position Size Calculation
Stop Loss = 20 pips
Risk percent = 2% = $1,000
20 pips = $1,000
1 point = 1,000/20 = $50 dollars
Forex Position size is 5 lots (for 5 lots 1 point movement = $ 50)
Trading Example 2: - FX Trading Position Size Calculator
Stoploss = 40 pips
2 % = $1,000
40 pips = $1,000
1 point = 1,000/40 = $25
Forex Trading Position size is 2.5 lots (for 2.5 lots 1 point movement =$ 25)
Trading Example 3: - Forex Trading Position Size Calculation
Stop Loss = 50 pips
2 % = $1,000
50 pips = $1,000 dollars
1 point = 1,000/50 = $20
Forex Position size is 2 lots (for 2 lots 1 point movement = $20)
Other factors to consider include:
Maximum Number of Open Trade Positions
A final consideration for trading involves determining the maximum quantity of active trading positions - that is, the absolute maximum number of trade transactions you, as a forex trader, should hold simultaneously. This quantity is another crucial aspect to settle when overseeing your capital.
If you choose a 2% risk method, you might also decide to have no more than 5 trades open at any time. If all 4 of those open trades result in a loss on the same day, your trading account balance would decrease by 8% that day.
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