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    Description Value Unit Instructions / Explanations: To Be 1.5 or Higher

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    PaitonPalilati
    The document is a trading calculator that requires inputs related to a trader's equity, risk tolerance, stop loss, profit target, and other trade details. It then calculates the maximum number of lots that can be traded while staying within the trader's risk parameters. The calculator is intended to help traders structure their trading to remove guesswork regarding money management and avoiding overleveraging their account. However, the creator cannot guarantee the accuracy of the calculations.

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    Description Value Unit Instructions / Explanations: To Be 1.5 or Higher

    Uploaded by

    PaitonPalilati
    44 views3 pages
    The document is a trading calculator that requires inputs related to a trader's equity, risk tolerance, stop loss, profit target, and other trade details. It then calculates the maximum number of lots that can be traded while staying within the trader's risk parameters. The calculator is intended to help traders structure their trading to remove guesswork regarding money management and avoiding overleveraging their account. However, the creator cannot guarantee the accuracy of the calculations.

    Original Description:

    Money Management

    Original Title

    Money Management

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    The document is a trading calculator that requires inputs related to a trader's equity, risk tolerance, stop loss, profit target, and other trade details. It then calculates the maximum number of lots that can be traded while staying within the trader's risk parameters. The calculator is intended to help traders structure their trading to remove guesswork regarding money management and avoiding overleveraging their account. However, the creator cannot guarantee the accuracy of the calculations.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    44 views3 pages

    Description Value Unit Instructions / Explanations: To Be 1.5 or Higher

    Uploaded by

    PaitonPalilati
    The document is a trading calculator that requires inputs related to a trader's equity, risk tolerance, stop loss, profit target, and other trade details. It then calculates the maximum number of lots that can be traded while staying within the trader's risk parameters. The calculator is intended to help traders structure their trading to remove guesswork regarding money management and avoiding overleveraging their account. However, the creator cannot guarantee the accuracy of the calculations.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    of 3

    Description Equity Max. risked (% of equity) Max. risked ($$$) Stop Loss PIP Value Max.

    amount of lots Actual amount of lots Gain/Loss per PIP Profit Target Reward/Risk-Ratio Actual gain Actual loss Spot rate Contract size per lot Contract size total Available leverage Margin requirement Used leverage Used margin

    Value Unit Instructions / Explanations 4,803.00 USD enter your current account equity (incl. floating profit/loss) 3.00 % enter personal risk tolerance (max. 3-5% of equity recommended) 144.09 USD maximum loss you are willing to take 30 PIPs enter stop loss as determined in your analysis 0.20 USD enter current PIP-value for the currency pair 24.0 lots this is the maximum amount of lots tradeable to stay within your risk tolerance 0 lots enter your actual amount of lots you decide to trade 0.02 USD equals lot size x PIP value 40 PIPs enter amount of PIPs when limit is reached 1.3 :1 to be 1.5 or higher 0.80 USD actual gain when limit is reached 0.60 USD actual loss when stop is hit 1.37 USD enter current exchange rate of base currency vs. USD (for accounts in USD) 10,000.00 USD 10,000 for mini lots, 100,000 for regular lots 1,373.18 USD total value of transaction 100 0.3 350 :1 :1 % specific for account type and broker ratio borrowed money / equity, max. 10:1 recommended percentage of equity / borrowed money, min. 10% recommended 13.73 USD min. equity for contract size

    fields requiring an entry

    The calculator is intended to be a vital step towards the goal of mechanical and structured trading, taking the guess-work out With a few inputs it calculates the maximum amount of lots that should be traded to stay within one's personal risk tolerance a Also it can be used as a tool to to gain more understanding of much-discussed issues like RRR, Margin and Leverage. Note: although created with utmost care I cannot take responsibility for any faults in the calculations!

    g, taking the guess-work out of your trading in regards to MM. one's personal risk tolerance and to avoid overleveraging the account. argin and Leverage.

    the calculations!

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