Trading Forex Coach

2021-02-18 17:39:00 By doing this through trading, no matter what the stoploss is (50, 100, 200, 10 pips, etc), you just risk a fixed amount of money/equity per trade. You will not chase for number of pips anymore but the R you gain/loss per trade. Open / Comment

2021-02-18 17:19:43 The correct is 0.26 lot which is just chosen by 12% of voters. It also depict the things that before trading, we should make sure we understand all the relevant terms and it will help us in a very long time ahead. Open / Comment

2021-02-18 17:17:50 So you have to make a conversion back to USD value using AUDUSD rate. In the example, if you hit Stoploss, then you lose 50 pips in AUD (not in USD), so if you input 0.2 lot, then you will lose less than 2%/equity/trade. And it's also true if you make profit 2R (equal to 4% or example), you will earn less than 4% because you just trade 0.2 lot. Open / Comment