Using a Forex Position Size Calculator

Alright, now that you know the concept behind position sizing, let’s look at the shortcut. Just do a Google search for “Forex position sizing calculator” or download an app on your phone.

All you need to do is key in the values accordingly. Choose the currency pair you’re trading and it’ll determine the $ value per pip for you. Simple as that!

Position sizing is just one of the many things you must learn to trade Forex profitably.

In my trading lessons, I’ll teach you even more risk management and trading psychology techniques to protect and grow your money.