How to set the size of the foreign exchange position

Positions are set up so that no trades lose more than 1%.

Position BASED ON YOUR STOP-LOSS LEVEL AND MARKET volatility. Your NEED for STOP-loss space determines the size of your position.

If I have 100,000 in my account, I can’t lose more than $1,000 on a single trade.

To know your stop-loss level, first imagine the level you can live with if you lose money on this trade, and then set the size of your position.

For EXAMPLE: 1. A position of 20% of the total capital, plus a potential stop loss of 5%, or 1% of the total.

2. A position of 10% of the total money, plus a potential stop loss of 10%, or 1% of the total.

3. A position of 5% of the total capital, plus a potential stop loss of 20%, or 1% of the total.