Position sizing is setting the correct amount of units of a currency pair to buy or sell.
Position Sizing
Knowing how to properly calculate your position size is crucial in risk management. Here’s what you need to calculate your position size.
Calculating Position Sizes
Here are some examples on how to calculate your position size whether your account denomination is the same as the base currency or not.
How to Calculate Your Position Size in Different Forex Pairs and Account Currencies
In this lesson, you will learn how to calculate your position size when your account denomination isn’t one of the currencies in the pair currency pair that you wanna trade.
Summary: Position Sizing
No time to crunch the numbers yourself? Check out our position size calculator tool that can help you manage your risk well.
