Forex Position Size Calculator
1.5 by Aziz Göktepe (0 Reviews) October 20, 2024
Latest Version
Version
1.5
1.5
Update
October 20, 2024
October 20, 2024
Developer
Aziz Göktepe
Aziz Göktepe
Categories
Finance
Finance
Platforms
Android
Android
Downloads
0
0
License
Free
Free
Package Name
com.kamifx.kamifxforextradingcalculator
com.kamifx.kamifxforextradingcalculator
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More About Forex Position Size Calculator
An answer to the question below for Forex market ;
I want to open position and am willing to risk at most some percent of my capital if things go wrong. I (scientifically ?!) calculated my stop loss distance to be some pips away from my (buying/selling) price.
Given all of the above what is the maximum size I should open position with ?
* Pip value for calculated size is displayed along with quote used to calculate position size.
Note : If you know the exact amount to risk and want to do calculation using that amount (instead of % of total capital), then entering that amount as "trading capital" and entering 100 as "max percentage to risk" will do the trick. Thanks to Phil Casey for pointer.
Given all of the above what is the maximum size I should open position with ?
* Pip value for calculated size is displayed along with quote used to calculate position size.
Note : If you know the exact amount to risk and want to do calculation using that amount (instead of % of total capital), then entering that amount as "trading capital" and entering 100 as "max percentage to risk" will do the trick. Thanks to Phil Casey for pointer.
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