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Complex Forex Position Sizing


In this lesson, we’ll teach you how to calculate for pairs in which your account denomination isn’t one of currencies in the pair currency pair that you wanna trade.
Account Denomination is not in the Currency Pair traded, but the same as the Conversion Pair’s Counter Currency.
Ned is back in the U.S., (we think that he’s actually a super spy just like Forex Ninja, traveling and saving the world in his free time) and today he decides to trade EUR/GBP with a 200 pip stop. To find the correct pos…
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Calculating Position Sizes


to make things easier for you to understand, as usual, we’ll be explaining everything with an example.
Calculating Forex Position SizesThis is Newbie Ned.
Long time ago, back when he was even more of a newbie than he is now, he blew out his account because he put on some enormous positions.
It was as if he was a gun slinging cowboy from the Midwest – he traded from the hip and traded BIG.
Ned didn’t fully understand the importance of position sizing and his account paid dearly for it.
He re-enr…
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Position Sizing


Now that we’ve learned the hard lesson of trading too big, let’s get into how to correctly use leverage using proper “position sizing.”
Position sizing is setting the correct amount of units to buy or sell of currency pair.
It is one of the most crucial skills in a forex trader’s skill set.
Forex Position Sizing
Actually, we’ll go ahead and say it is THE most important skill.
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Traders are “risk managers” first and foremost, so before you start trading real money you should be able …
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