How to Calculate the RIGHT Lot Size for Forex Trading 📈

Подписаться 441 тыс.

Просмотров 173 тыс.

50% 1

Chat Now 💬 tinyurl.com/2p8unftm
Get the EdgeFinder 👉 a1trading.com/edgefinder/
Get My Trade Alerts 👉 a1trading.com/vip/
(Use code YTVIP for a subscriber discount!)
🐦 FREE Telegram 👉 tinyurl.com/4zthu5vh
💬 FREE Discord 👉 tinyurl.com/mr3pxm3e
✏️ Apply for EdgeFinder Trial 👉 tinyurl.com/53ah6btz
🎱 Eightcap: #1 FX Broker for NON-US clients:
tinyurl.com/r6zxm2dw
💱 OANDA: #1 Forex Broker for US Clients:
tinyurl.com/bdz4shrc
🐂 WeBull: #1 Stock Broker for US Clients:
tinyurl.com/mpsxbssn
🌎 Choose a broker by country:
a1trading.com/brokers/
DISCLAIMERS
This video expresses our personal opinions only, and is NOT in any way financial advice. Trading financial markets involves risk, and is not suitable for all investors. We are not responsible for any losses incurred due to your trading or anything else. We do not recommend any specific trade or action.
Note, please do your own due diligence before making a decision to do business with any financial brokerage. A1 Trading will make a small affiliate commission should you choose to sign up for either of the affiliated brokers above. Thank you for supporting the channel!
Please be aware of impersonators online: We will not message people directly asking for payment. Please be aware of impersonators and do not send money to any account that is not listed on our website.

Развлечения

Опубликовано:

5 апр 2022

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 214

@TraderNick 2 года назад

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.

@imranhuddin Год назад

so what was the mistake lol

@shanqureshi4344 Год назад

Aleast tell us what's the mistake?

@santhoshkhati5157 Год назад

@@shanqureshi4344 not for pairs rather than usd

@PandaPaTonaz1 Год назад

hie nick, why did u devide the quantity figure by 10000. please enlighten me

@rodestolloso8104 11 месяцев назад

I think it will work if you just convert the value of USD to the currency of the market you want to trade.

@vereen72 2 года назад

Oh man, you just dropped a tutorial on a topic that I have been wanting to know for so long on Trading View. Thank you so much Nick!

@paulikeleji9708 2 года назад

Hello i want to connect with on any social network.

@taquito.duende 2 года назад

Loved the video Nick! really broke it down how to calculate lot sizes, learned a lot!

@jaimep8358 8 месяцев назад

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

@chathurangadesilva2452 2 года назад

standard lot size is 100000 not 10000. little correction otherwise pip values will be 10x multiply.

@heybear7271 2 года назад

should we always divide it by 100000/ THANKS

@valentinekenyonde5352 Год назад

Please I need guide

@GlitchMatrix-bs7ib 9 месяцев назад

This comment is underrated lol if some one follows nicks method they could be risking 30% not 3% of their account😅

@kylejnp5089 7 месяцев назад

@@GlitchMatrix-bs7ibI just did. So glad I trade a demo alongside my main😭

@Petervan168 6 месяцев назад

Thank you so much man just about to risk a lot more than I wanted 😅😅

@vesperatrades 11 месяцев назад

Finally someone understood the assignment. Thank you :)

@ukprichard5149 7 месяцев назад

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

@andrewfoote8509 5 месяцев назад

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 🎉❤

@revasgs6038 2 года назад

Good video as usual Nick, very helpful, thank you.

@destinydanbeki7425 Год назад

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

@naufal961 2 года назад

Just the video I needed! THANKS NICK

@user-uw3gz5rn3i 2 месяца назад

Thank u for the DETAILED explanation! U have no idea how much I needed this! Appreciate it❤

@JaniceB1217 Год назад

thank you nick that makes sense and I never knew!

@nicolealvarez7236 Год назад

Thank you, well explained!

@prashantjangam8395 Год назад

Perfect trick what I was looking for. I was trying to create excel for this. But this is fastest way to calculate quantity.

@anthonymunoz7550 Год назад

This was extremely helpful, thank you

@berthatwerefoo9625 Год назад

Thank you so much, this video was very helpful

@multitask6548 Год назад

i noticed that you cant set the usd balance on minor pairs e.i pairs without usd...can you help with calculating lot size on those pairs pls

@shanqureshi4344 Год назад

Thanks for the video

@matejmik5505 2 года назад

Great explanation!

@haroldthedog68 5 месяцев назад

thank god i found this explanation , all the best chief

@allennelson3699 Год назад

mt4 what and how is there a difference between - the new trade there is the volume --example i put .1 wanting a 1 mini contract but on the terminal the trade is shown size .10 ?

@heybear7271 2 года назад

So, whebn creating order, we just simply edit the LOT size which is in default 1? then proceed to trade? thanks.. pls make other videos about it.. iots kina hard to look for such infos reagarding hjow to use this lot size , quantity etc in trading view...The numbers and decimal points are confusing. thanks!

@athayapr 5 месяцев назад

Very well done video, Easily explained and easy to understand

@marwanabdopmp3288 2 года назад

How can we get this sizing tool if we are using MT5, Please help?

@ijintraveler6140 2 года назад

Nice video Nick! Hope you can create a video about leverage next! :)

@Phantom-kt5xf Год назад

THANK YOU SO MUCH MAN I LOVE YOU

@razwansal7394 2 месяца назад

Very well presented nick

@bloomingblossums Год назад

Why is the quantity always divided by 10,000?

@ashirnadeem2627 3 месяца назад

Exactly this where i am still confused

@anilvyas9323 3 месяца назад

Always Divide by 100000 bcz it's a standard unit

@Random-c7m 7 дней назад

But the standard unit is 100,000@@anilvyas9323

@ldelacruz22 Год назад

Thank you for this video

@hansmans4868 Год назад

hi nick i use this always for my forex, but i also trade cryptos , how can i apply it there ? there must be a way for getting the nominal coin number to set for each trade thx

@freesucker12345 6 месяцев назад

Thank You!

@BradKappa Год назад

The currency in the long tool changes with each currency pair you're on. How do you keep it to your currency

@christiantony2525 9 месяцев назад

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

@librapower7810 Месяц назад

So what happens if your account should be in EUR and you want to trade audnzl the qtty will be wrong and you will position size incorrectly if you do not manually convert.

@vmyster5815 9 дней назад

good video. thank u

@JLyn-pp7ry Год назад

You saved me! Thanks a lot

@senicohaines1728 Год назад

so in trading view it seems that I cant adjust lot size lower than one. Im confused I'm sure I'm doing something wrong

@javaidiqbal7596 2 года назад

Thank you so much nick. I have been looking for a lot size calculator just like this. Thanks for the Huge knowledge. We are so grateful to have you on our back. Learned so much from you. Thanks again🙏🙏

@quincybaker4615 Год назад

Im experiencing something really odd. When ever I place the long positon stool on the chart, no matter what position I take the quantity shows in about 9-10 digits. It seem something is wrong and I don't know why its so big, compared to say a 3 digit number, and how do I use this large number to calculate lot size? Why is so large? I've also noticed it doesn't seem to matter what my risk it, it's still 9-10 digits long or longer.

@leonardyhoward5230 Год назад

do we divide by 10.000 too for XAUUSD pair? or this is for forex only?

@AlarmTrade10 5 месяцев назад

Nice one!

@deanperry978 2 года назад

risk management and lot size to risk is very important no matter how experienced you are

@katlehokyro10 Год назад

Great content Nick 🔥 Does it also apply on indices

@alexrebano7189 Год назад

Can someone help me figure out the formula for calculating lot sizes, I need it for my excel, I’m back testing and I want it to calculate my lot size automatically after putting my entries, SL and TP

@tivi22 6 месяцев назад

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..

@kapilkambale6361 6 месяцев назад

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

@ryn8295 Год назад

How do u buy 3700units with $1000 account balance? I hv seen many videos of ppl saying that u can’t put the trade if ur lot size is bigger than the account balance

@murtaza6542 9 месяцев назад

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

@lynardstewart524 Год назад

how would I calculate lot size on my calculator if contract size is 10 on hankotrade? Can anyone assist me on this

@simbaragnar9204 4 дня назад

Thanks

@jgcdcage1 2 года назад

Great video

@user6969sfdhht Месяц назад

Brother, quick question : lets say i am on a 10k funded account with 100x leverage. In the position size calculator, what should i put my account size? $10k or $1m??

@truthwitness8579 11 месяцев назад

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

@sameersitoula 2 года назад

Isn’t it supposed to be divided by 100000 which is 1 lot size?

@victormatsebula 2 года назад

Great content Nick

@muhammadhayat1786 25 дней назад

This calculation is difficult.. lets do it easy....for example if you have 5000 and you want to risk 1% means 50$ so decide pips .. 50÷20pips= 2.5$ per pips los .then 2.5$÷10= 0.25 is your lot size... so use this formula 😊

@abiruabiola5107 4 месяца назад

Why did you not do the examples for oforeigtn pairs if your account is in a dufferent currency>

@Melkie11 3 месяца назад

Can you make a video on how to adjust leverage on tradingview with Oanda

@fxcolonizer 24 дня назад

thank u

@vesperatrades 11 месяцев назад

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

@josephduke4781 Год назад

does it work in futures i dont see pips or qty

@MO13YT 2 года назад

How would you do this if you are scalping the 5 minutes time frame ? By the I do all the calculations to get the lot size to take the trade the candel has already moved.

@okbrother2938 5 месяцев назад

Did you get the answer bro? Please help

@papson86 3 месяца назад

can anyone explain where the 10000 came from. he only calcuates and leave use hanging with this important detail.

@Mohdzn Месяц назад

wow, exactly what ive been looking for.

@cima001 22 дня назад

Please can you do a video on how to calculate gold, jpy and indices It would be much appreciated, thank you

@OWLTHE 2 месяца назад

I think I got this Wrong , So my QTY it says 1196 then I devide that by my balance which is USD 171 , which equal to 6.99 lot size but When I try to enter it says not enough funds .

@Opaq-motivates-daily 3 месяца назад

If i wanna know how much units i could buy/sell costing me x% of my account, how could i find that quantity?

@mehmetaliergut7229 Год назад

Thank you

@amerniss Год назад

Hey man just one question. Why need to divide by 10000?

@md.monirulislam6271 2 года назад

Good job bro

@WhatEvilLooksLike 6 месяцев назад

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..

@WatchEj 2 месяца назад

Good looks my boy

@elijaharnold3424 Год назад

How did you decide you dividing by 10k? What if i divide by 100k?

@nls1809 Год назад

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

@user-fg3ib2nh7f Год назад

great video

@Josus Год назад

i dont know if i missed up something about a the 10, 000 you divided the quantity, i got lost there, since i didnt know where this 10, 000 was comming from, again, maybe i lost something

@HereIsmarcus Год назад

Nice one Nick. Never noticed tradingview long and short tool could be so useful !

@josephduke4781 Год назад

why dont i see any pips or qty?

@rummantariq7459 Год назад

its working well with the usd pairs but not other than usd, well i figure out the mistake. when you will use pairs other than the usd , it will give you the lot size according to that currency, for example nzd/jpy so now you will lose according to jpy currency . look at the tool where you are entereing account balance , it will show 1000 jpy instead of 1000 usd

@javiersalvador8971 3 месяца назад

thank you so much brother u got that like and subscribe

@ADITYAG1244 2 года назад

I guess it is not 0.37 lot size rather it will be 0.03 lot size...because 0.37 means 37000 quantity and not 3700 quantity... As 1 lot means 100000 contract and 0.1 means 10000 quantity and 0.01 means 1000 quantity if I m not wrong then please correct me if I am...

@uraa7509 2 года назад

U r rit, I guess they have different rules. & regulations, or I think he calculated as per mini lots (10000 units per lot)

@heybear7271 2 года назад

i thought too. should be 0.03.. have you figured it to be right? thanks

@anonymousfeed7472 3 месяца назад

do this work for usoil wti?

@samuellinville8757 6 месяцев назад

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

@nicholasharris1891 Год назад

how do you get it on MT5?

@roryc7461 2 года назад

Just when I needed a video to explain this, you come out with it!When you join Oanda, do you automatically get premium trading view features or would I still have to buy trading view premium?

@lanabhowram2268 2 года назад

When u open an Oanda account all you have to do in trading view is login into your account and that's it. There's a dash button to click on at the bottom of the right hand side of your trading view page When you click that look for oanda and login

@roryc7461 2 года назад

@@lanabhowram2268 thanks, so when I login to Oanda, my trading view automatically is upgraded to premium?

@lanabhowram2268 2 года назад

@@roryc7461 I don't think so in order to get premium you have to pay

@lar20042002 2 года назад

Hi Nick! Thanks for the great content like always. I have two questions: why we divided by 10000? And what about the risk % and the stop loss distance? If we for example risk 1% and change the stop loss distance by lowering the distance or make bigger is this could change the risk %? I just confuse between the risk % and the stop loss distance. Thanks

@romeofx 2 года назад

I'm confused too man ....gosh man it's really hard to find good knowledge for free here ... Let's keep in touch

@heybear7271 2 года назад

same. pls reply if you have figured out

@ahmedkwaqil1951 2 года назад

I think it should be divided by 100,000. Because we know that when we enter a lot size we dealling with standard lot which is 100,000 units ( 1 micro = 1000 units , 1 mini = 10,000 , 1 standard = 100,000 ), so for example if it's 2000 units you will put in a lot size box 0.02 because we will divided it by 100,000 and it seems logically. and for your next question I think if you change your stop loss the units will change to fit exactly to your risk percentage that you are already putted, so the risk % would never go up or down than you put. { Note that I'm still beginner and I've never traded yet }

@ahmedkwaqil1951 2 года назад

@@heybear7271 look at my answer above.

@ahmedkwaqil1951 2 года назад

@@romeofx look at my answer above.

@MattDouglas_INFIN8INCREASE 8 месяцев назад

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?

@TraderNick 8 месяцев назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE--NiFIzuH8HU.html&ab_channel=TraderNick Yes! Here you go. If you feel inclined, please feel free to use my signup link in the description!

@boomboomyes75 Год назад

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

@christhelemaque4187 2 месяца назад

Is it?

@IAMSAEID 11 месяцев назад

Where can i change Lot size please,

@stoicedit 2 месяца назад

Most people trade with leverage. So how to calculate it using for example 100x leverage?

@TheBlackDavidDobrik 4 месяца назад

does this work for us30 as well

@chillvibes3816 2 года назад

hi Nick i found out that the qty is diffrent in some other currency pair. different lot when divide with 10.000, (need to be divide with 100.000 to get the correct amount of lot size)

@captainjohansson5019 9 месяцев назад

which pairs has to be divided by 100 000? Jpy pairs with two decimals?

@raulvargas352 Год назад

why do you divide by 10,000?

@Yessirdo 2 года назад

0.37 lot is not 1.5% risk on a 1k acc that’s 15% risk. $3.75 x 40 pips = $150 risk

@devontef.8943 Год назад

He made a mistake. On the buy tool he put in 1k but then he divided 3750 by 10000 and got 0.375 which is 150 which would be 1.5% of 10000 6:22

@MovanaMotivation 2 года назад

The TV position calculator doesn't give consideration to account leverage.

@priyankgandhi2803 4 месяца назад

amazing video nick. but i think there is an error bcs on google it shows 1 standard lot is equals to 1,00,000 units but here you mentioned 10,000 units