Lot Size in Forex Trading Explained - Full Course

"How to figure out lot size", that's one of the most common questions for traders beginning to trade the forex markets. After watching this video, that will no longer be a mystery. Today we're going to fully explain how to determine the proper lot size when inputting trades in the forex markets


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0:00 - Why Traders Blow Accounts
0:57 - Intro
1:05 - What is a Pip Worth?
2:14 - Manually Calculating Lot Size
6:49 - Using a Position Size Calculator
9:19 - Leverage & Position Sizing
9:49 - Why a PSC is Required
11:35 - Distance of Stop Loss
14:26 - GBPJPY Example
16:20 - Question for YOU
18:31 - Risk "Range"
19:45 - Outro


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DISCLAIMER:
These videos are for educational purposes only, they demonstrate how I invest and day trade. They should not be taken as advice on how to invest your capital. Margin trading carries a high level of risk and is not suitable for all investors. Consider your level of experience, investment goals, and risk management before investing in trading. Do your own research and talk to a professional financial planner to be aware of all risks associated with trading, I am not a financial advisor. Past performance does not dictate your future results. NEVER take a trade based on what you see in this video and NEVER trade money you can not afford to lose. Trading can be profitable, but losses are inevitable at times. I will NOT be held responsible for any losses you endure. You and you alone are responsible for risk assessment. Market fluctuations can work for you or against you. Your investments and trades are solely your responsibility.