I’ve a question about money management; I don’t know how to calculate the lot size.
I have the capital, the risk percentage, the risk in money and the stop loss that I’m going to use, but I don’t know how to get the lot size and I need it to trade.
For example:
Capital: $1000
Risk percentage: 5%
Risk in Money: $50
Stop Loss: 30
And how do I get the lot size?
Could somebody help me?
Thanks in advanced.
I have the capital, the risk percentage, the risk in money and the stop loss that I’m going to use, but I don’t know how to get the lot size and I need it to trade.
For example:
Capital: $1000
Risk percentage: 5%
Risk in Money: $50
Stop Loss: 30
And how do I get the lot size?
Could somebody help me?
Thanks in advanced.
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