With a few simple inputs, our position size calculator will help you find the approximate amount of currency units to buy or sell to control your maximum risk per position.To use the position size calculator, enter in the currency pair you are trading, your account size, and the percentage of your account you wish to risk. Our position sizing calculator will suggest position sizes based on the information you inputted and various degrees of how far a trade may go against you.If you are trading a currency pair with a US Dollar component, then the Position Size calculator can ask for your own custom pip stop level and calculate your position size based on the size of your stop.
Myfxbook is a free website and is supported by ads. The problem is not fully defined. This site is all about helping you to become the absolute best possible trader you can be, and to do that there are some key tools and resources that can make your job a lot easier. These tools can be essential in some cases and often be the difference in helping you to be able to enter a trade or being too slow and having to pass it up.
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