How Much are You Letting Your Trades Risk?
When you place a trade, you must decide how many lots you want to trade.
Let’s say you are buying EUR/USD with a 50 pip stop-loss. Should you trade the same number of lots as a USD/JPY trade with a 30 pip stop-loss? How do you make that calculation?
How do you decide in the first place how much of your account to risk on a single trade? That’s the real decision you are making when you decide how many lots to trade.
In this lesson we will take you through an easy process to make sure you risk just the right amount on every trade to help protect your capital but still let it grow.