trading forex lot size
Forex: I have 5k to trade on the Forex. I only want to risk 20% of this money, so I am really trading …?

That with $ 1,000 of 5k. What Should I set lot size at my trade, 1k, 10k, 100k??

Will it vary by currency. The Way To set trade size per trade …. Loss Should Be no more than 2-3% of your capital, Lets say 5% because you are foolish enuf to trade forex. 5% of 1000 means your loss per trade Should Be no more than $ 50, and You Can Have 20 losses before you are busted out and Have to quit trading. Not much IMHO, I would prefer 2-3% loss 30-50 and losers. So then When looking at individual trade, you decide WHERE your Stoo Should Be, and then trade enough money so that your loss Will Be $ 50. if your stop is hit. Tight stop, bigger trade, loose stop smaller trade.

Forex: How to determine your Lot Size by Account balance and Risk management: traing video 4



Tagged with: • • • •

Filed under: Trading Forex

Like this post? Subscribe to my RSS feed and get loads more!