Monitoring positions and finding the optimal size minimises risk and allows traders to be on the safe side. The first step to figuring out the optimal position size is deciding how much you want to invest in a particular asset.
Deposit Currency: EUR
Currency Pair: EURUSD
Account Balance (Lots): 10.000
Risk Percentage: 5%
Stop Loss: 1
Trade Lots: 0.06
Calculate the value per pip with accuracy to develop your risk management strategy.
Calculate the minimum balance required (margin) to open a trade.
Figure out which stop-loss and/or take-profit prices to set before activating the respective order.
Convert a currency into another using currency exchange rates.
Open an account today and show your money
what you’re made of.
Risk warning: FX and CFD trading involves a high risk of loss. You should consider whether you can afford to take the risk of losing your money.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.