The best position sizing strategy varies for every trader, depending on risk management, experience, and trading style. Many traders, especially beginners, usually choose their position size randomly. In any case, it should be a maximum of a few percent of your deposit, as this will prevent the loss of money in a couple of trades. Actually, exact position sizing is beneficial, and it's easy to diversify the risks.
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Last Portion of Efficient Ways to Revise and Improve Your Trading
7:11 AM
Jun 24, 2020
6817
This is the third and final article in a series of useful tips that will help you adjust your trading habits and improve your trading performance in the second half of 2020. Today we will talk a little about risk management and focus on how to set goals for ourselves, as well as how to work with our improvement plan. Without further ado, 4 more ways to improve your trading.
Easy Ways to Calculate Your Lot Size
6:58 AM
Mar 13, 2020
13003
We return to the important topic of calculating the lot size. Ultimately, this should form the basis of your risk management system. Making all the calculations in your head may be too difficult. Fortunately, in our time, everything is automated and different programs and tools will do this for you in a matter of seconds.
Handy Tools to Calculate Your Lot Size
11:20 AM
Feb 12, 2020
13700
I hope you already know that without a well-thought-out risk management system there is no chance you’ll build a career on Forex. Choosing the right lot size is a crucial aspect of this system.
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