Risk a fixed slice per trade.
A worked example
Starting figures
- Account size
- $40,000
- Risk per trade
- 1.5%
- Entry price
- $2,400
- Stop price
- $2,160
What it returns
- Position size
- 2.5000 units
- Position value
- $6,000
- Risk amount
- $600
- Stop distance
- 10.00%
How to read the results
With the defaults above, position size works out at 2.5000 units.