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Working out position size

Risk and the mind: how accounts survive3 min read
What you learn in 3 minutesRisk in money, divided by the stop distance in pips, divided by pip value. Three numbers you already have, in that order.
18.328018.383118.438218.493318.5484USD/ZAR · H1 · 18 candles · schematic
Working out position size — schematic diagram, not a price quote
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Next in Risk and the mind: how accounts surviveRisk and reward
Trading forex and CFDs carries a high risk of losing money. Most retail accounts lose. Nothing here is a recommendation to trade or a forecast of any result.Nalediyour course guide