How to Calculate the RIGHT Lot Size for Forex Trading πŸ“ˆ

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49 Comments

  • @TraderNick

    February 29, 2024 - 5:08 pm

    Seems like I made a bit of a calculation mistake on this video! Please note that the tool works fine for USD currency pairs, but may not work properly for other markets/pairs. Please keep this in mind.

  • @AlarmTrade10

    February 29, 2024 - 5:08 pm

    Nice one!

  • @andrewfoote8509

    February 29, 2024 - 5:08 pm

    Best one yet, such a relief you don’t even know. I couldn’t understand lot size or how to calculate it until this video πŸŽ‰β€

  • @athayapr

    February 29, 2024 - 5:08 pm

    Very well done video, Easily explained and easy to understand

  • @The1968zigzag

    February 29, 2024 - 5:08 pm

    thank god i found this explanation , all the best chief

  • @masoud.t5691

    February 29, 2024 - 5:08 pm

    Guys u have to devide QTY by 100000 ,not 10000. he did a mistake.
    Because 1 lot =100000 units.

  • @aryanbhatia1125

    February 29, 2024 - 5:08 pm

    You have to divide by 100,000, not 10,000, right?

  • @codingmutant9066

    February 29, 2024 - 5:08 pm

    useless video i ever watched

  • @freesucker12345

    February 29, 2024 - 5:08 pm

    Thank You!

  • @wesleymedrano3826

    February 29, 2024 - 5:08 pm

    Why divide by 10,000?

  • @ninabina-rs9su

    February 29, 2024 - 5:08 pm

    Didn’t get it

  • @kores59

    February 29, 2024 - 5:08 pm

    Why divide by 10000 please?

  • @kapilkambale6361

    February 29, 2024 - 5:08 pm

    Hey Nick… I want to know how leverage plays the role here.

  • @WhatEvilLooksLike

    February 29, 2024 - 5:08 pm

    How do i know how much im spending on a buy or sell? Its very confusing. Its not like bitcoin where i can enter $300 worth of bitcoin..

  • @tivi22

    February 29, 2024 - 5:08 pm

    Great video! How about choosing a position size when using leverage? Does it really matter? Let's say I have a strategy where I have a fixed TP (20 pips) and fixed SL (40 pips) and I want to risk 1% per trade. Which leverage should I choose… and how does it impact position size? I guess, I'm missing something here..

  • @gilly2571

    February 29, 2024 - 5:08 pm

    Thanks Nick! Also check out Holistic Trader's method for an updated way to determine lot size that is now included in Trading View. It is really simple without having to multiply anything.

  • @HeadTrapperpro

    February 29, 2024 - 5:08 pm

    not working in xauusd :/

  • @samuellinville8757

    February 29, 2024 - 5:08 pm

    so on the account size, do we add a zero? because the account size is 1000, but your putting 10,000

  • @ukprichard5149

    February 29, 2024 - 5:08 pm

    One of the best yt videos I’ve watched today. This helps a lot, thanks!

  • @placesofparadise7547

    February 29, 2024 - 5:08 pm

    Why did you divide by 10,000?

  • @nasgaroth1

    February 29, 2024 - 5:08 pm

    I'm counting on formula, how to count this from scratch not h
    ow to use tool — so your title is f'cking missleading man, sorry…thumbs down

  • @GageDowney

    February 29, 2024 - 5:08 pm

    I gave this Video a thumbs down because he is giving bad information on calculating lot size. In his examples he shows you how to risk 15% not 1.5%. You should be dividing by 100,000 not 10,000. As beginners please understand this before you blow an account. Hope this helps!

  • @makeupandshopping3036

    February 29, 2024 - 5:08 pm

    How many topic intro does an 8 min video need? 10,000

  • @jaimep8358

    February 29, 2024 - 5:08 pm

    You answered the question I was looking weeks for!! Thank you!!!

  • @MattDouglas_INFIN8INCREASE

    February 29, 2024 - 5:08 pm

    do you have any videos showing how you trade on TV with Oanda linked? I need some more examples lol
    do you also have videos covering pairs offered on Oanda? I know the regular currency and foreign pairs are on there but I have also seen online that CFDs are available, yet I can not find them?

  • @d_zamora_95

    February 29, 2024 - 5:08 pm

    Why do we divide by 10,000?

  • @squigl3z78

    February 29, 2024 - 5:08 pm

    .375 is high as hell for a $1000 account

  • @murtaza6542

    February 29, 2024 - 5:08 pm

    What is the difference between these lots sizes calculated and the standard lot sizes such as 1 ,mini and micro?

    How dose leverage play a rule in changing these lot size?

  • @haverelmink

    February 29, 2024 - 5:08 pm

    'Scalper's toolkit – ATR Widget' by ForexStoryteller. Easy TradingView indicator that figures all of this out for you.

  • @arinnfc

    February 29, 2024 - 5:08 pm

    What techniques did you use when you started trading? And how long have you been trading?

  • @murtaza6542

    February 29, 2024 - 5:08 pm

    Where and how do you use the lot size? Anyone can help, thanks

  • @christiantony2525

    February 29, 2024 - 5:08 pm

    My goodness thank you so much you are indeed a God sent

  • @winterwonderwasteland

    February 29, 2024 - 5:08 pm

    How do I decide to use either the long or short position?

  • @knutnskar6796

    February 29, 2024 - 5:08 pm

    Forex calculator (app or pc)

  • @IAMSAEID

    February 29, 2024 - 5:08 pm

    Where can i change Lot size please,

  • @thejouxl

    February 29, 2024 - 5:08 pm

    What is the calculation for XAU or Nasdaq kinda things please?

  • @thejouxl

    February 29, 2024 - 5:08 pm

    Finally someone understood the assignment. Thank you πŸ™‚

  • @truthwitness8579

    February 29, 2024 - 5:08 pm

    Hey if Im doing scalping , this is a complete shit, how do you direct trade with the propper lot size like metatrader5?

  • @WolfGangFX

    February 29, 2024 - 5:08 pm

    This video can be very misleading. You didn’t state for example why you divide by 10,000 not everyone uses the same leverage. Different leverage= different amount of units

  • @nicholasharris1891

    February 29, 2024 - 5:08 pm

    how do you get it on MT5?

  • @boomboomyes75

    February 29, 2024 - 5:08 pm

    But to convert into a microlot of 1000 units, should the conversion be Qty / 1000?

  • @berthatwerefoo9625

    February 29, 2024 - 5:08 pm

    Thank you so much, this video was very helpful

  • @katlehokyro10

    February 29, 2024 - 5:08 pm

    Great content Nick πŸ”₯
    Does it also apply on indices

  • @anthonymunoz7550

    February 29, 2024 - 5:08 pm

    This was extremely helpful, thank you

  • @destinydanbeki7425

    February 29, 2024 - 5:08 pm

    This was the right VId I have been Hoping for thank you so much bro

  • @samibdh

    February 29, 2024 - 5:08 pm

    More confused than before now, why divided by 10000 ?

  • @nls1809

    February 29, 2024 - 5:08 pm

    Is Account size including leverage? Eg. $100 account with 100:1 leverage

  • @JenMarco

    February 29, 2024 - 5:08 pm

    I wish someone would make videos for people who aren’t complete beginners

  • @Martinler21

    February 29, 2024 - 5:08 pm

    Said all that but didn’t show the numbers on a different backdrop with full explanation Jesus!! Waste of time

Comments are closed.