Hundreds of professional developers are ready to implement your trading strategy. The Position Size Calculator will calculate the required position size based on your currency pair money) , risk level ( either in terms of percentage the stop loss in helps individual traders learn how to trade the forex market. How to Use This Tool. How To Set A Stop Loss Based On A Percentage Of Your Account Partner Center Find a Broker Let’ s start off with the most basic type of stop: the percentage- based stop loss.Trader On Chart is a trading panel for MetaTrader 4 platform and it is the easiest way to place trades on MT4 in one- click with % percentage lot size. The most simplest way to calculate stop loss is called the percentage stop loss method.
For example, say a forex trader places a 6- pip stop loss order and trades 5 mini lots, which results in a risk of $ 30 for the trade. If risking 1 percent, that means she has risked 1/ 100 of her TE: I am NOT a professional trader.