To use this trading position size calculator you will need to understand the following
1. Trade Position Sizing – you can learn about it in this article on position sizing here.
2. Risk Reward Ratios – you can learn about it in this article on risk reward ratios here.
Use this FOREX and CFDs position size calculator to easily calculate the correct number of lots to be traded. Simple insert the data and click ‘calculate’ button. The other is the lot size will show at the bottom.
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Original source: https://www.learntotradethemarket.com/forex-trading-tools/forex-trade-position-size-calculator