I am looking for 500 new or struggling traders to mentor for the remainder of the year.
If you are interested in learning the details copy and paste the link below into your browser:
www.thetradingchannel.com/500off
If you have questions about this 500 trader army I am building, then email my team at
support@thetradingchannel.net
This is the easiest way to calculate what position size you should use on a specific trade.
My normal risk on a single trade is 2% of my total account value. There is math you could do that would probably take about 6 minutes to calculate what position size I need to use.
The better choice… Use a position size calculator. They do all the math for you and tell you exactly what position size you need in order to risk a certain amount of $ on a trade or a certain % of your account on a single trade.
The one I use can be found here:
https://www.myfxbook.com/forex-calculators/position-size
(copy and paste the above link in your browser)
Talk soon,
Your honest trading coach,
Steven
