HOW TO CALCULATE RISK AND LOT BY USING A POSITION SIZE CALCULATOR
IN YOUR MT5/MT4, THE POSITION SIZE CALCULATOR WILL AUTOMATICALLY KNOW YOUR ACCOUNT SIZE AND USE IT TO CALCULATE THE LOT SIZE FOR YOU WHEN YOU INPUT YOUR SL AND THE PERCENTAGE YOU WANT TO RISK PER TRADE YOU SEE YOUR RISK AND LOT SIZE EASY RIGHT CLICK THE LINK BELOW TO GET IT MT5 ONLY
https://drive.google.com/drive/folders/1rZkwn4gomimCfACzFNZv5mpUXfCtb-bg?usp=sharing
It’s good to know. Thanks.
myfxbook have a good position size calculator
I would rather advice you to create your own calculator in Excel, it should help you to understand basics of money management better when your write down all essential formulas.
That’s a good advice for learning purpose. Will keep that in mind.
good to know, thanks!
Strengthens trading calculation strategy. Strategies are very effective.
I have also been using MyFxbook’s position size calculator. So far so good! I recommend it to others also.
It is never possible to make a consistent profit if you cannot maintain discipline. To make a consistent profit, one must work according to discipline and plan.
Thank you, this is very helpful. I will surely use this and see how it works for me
Proper knowledge, consistency in learning and right strategy will always help in making profits.