How to calculate position size in forex trading ? Here’s a video on forex lot size explained to teach you how to determine lot size and what is position size in trading. It is an important part of money management forex.
Position sizing forex is a tricky thing because you need to take care of your trading position size even though you might have the best forex trading system. Your forex trading lot size or trading position size is going to determine whether you become profitable in forex trading or not.
A lot of people know how to buy and sell but don’t know how to determine lot size and how to calculate position size in forex trading, which is why they end up not profitable despite having a proven forex trading system.
You need to determine you forex position size before you even buy or sell. Your forex position sizing will help you keep your risk constant. Which is why i want to share with you the forex position size calculator formula to help you properly calculate your position size or lot size.
I will also share with you what is position size in trading and the common mistakes the forex traders make when it comes to determining their position size trading forex.
Use this formula everytime you calculate your forex trading lot size or forex position size. Your lot size in forex trading will make or break your strategy.
Money management forex is a very important aspect of trading and should not be neglected.
Advice provided in this video is mere recommendation and I will not be responsible for any losses incurred from your investments or trading activities. Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.
Singapore youtuber profile:
Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.
This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.
It’s also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.
Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.
She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.
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