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Like in the image below: Step 6 Risk a specific percentage of your account value on every trade you make: In order to limit the risk on every trade you make… You fkrex to risk 1-2 of your account value… Lets suppose that you have an account of 5000 … You should risk no more than 50 to 100 per a single trade… Lets say that your Forex trading strategy shows you a trading opportunity to gain 100 pips… And you have found that the stop loss must be 30 pips… [Remember that you have to risk no more than 50-100] Risk 30 pips 100 [2 of the account value] - 10030 pips 3,33 per one pip - So you need to set for newss pip, the unit stood at 1.

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Demo account
Minimum deposit
Minimum position
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