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87,998 Views • Jul 11, 2023 • Click to toggle off description
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:
www.myfxbook.com/forex-calculators/position-size
(copy and paste the above link in your browser)
Talk soon,
Your honest trading coach,
Steven
Views : 87,998
Genre: Education
Date of upload: Jul 11, 2023 ^^
Rating : 4.802 (188/3,615 LTDR)
95.06% of the users lieked the video!!
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User score: 92.59- Overwhelmingly Positive
RYD date created : 2024-05-28T23:48:03.343358Z
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YouTube Comments - 24 Comments
Top Comments of this video!! :3
Thanks Steven
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Thank you
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How much interest does IBKR take?
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bro de we need to put 100 for 10 pis stop loss or just 10 for 10pips stop loss in that SL entry box? I
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Why did you cut the video
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Link guys?
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Bruh yu da fucking Mann!!😂😂🚀
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Bro which broker is the best broker to trade with
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The only problem with this is it doesn’t work for indicies, I tried to calculate for the Dow but it wasn’t on the list
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How to check with leverage
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what if i had 100x leverage ?
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Just add it to you mt5
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Hi can you make a video like this but for Gold. I don't know what to put in the Trade Size (Lots). Thanks
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This didn’t help
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@masterifeanyi9269
11 months ago
Thank you for sharing this, thanks for every knowledge you have added in me
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