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FX Position Size

Are you UNDER TRADING

Are you UNDER TRADING

FX Position Size

by M Quant LLP
FX Position Size
FX Position Size
FX Position Size
$2.99 in the App Store

What is it about?

Are you UNDER TRADING? - Most retail traders under-trade their account, simply trading the minimum number of lots or what they 'feel’ is right. The pair you researched extensively shot up 300 pips and you are ...... only long 1 lot of it. Does this sound familiar to you?

FX Position Size

App Details

Version
2.1
Rating
NA
Size
11Mb
Genre
Finance Productivity
Last updated
November 20, 2015
Release date
July 11, 2011
More info

App Screenshots

FX Position Size screenshot-0
FX Position Size screenshot-1
FX Position Size screenshot-2
FX Position Size screenshot-3

App Store Description

Are you UNDER TRADING? - Most retail traders under-trade their account, simply trading the minimum number of lots or what they 'feel’ is right. The pair you researched extensively shot up 300 pips and you are ...... only long 1 lot of it. Does this sound familiar to you?

Or are you OVER TRADING? - Trading too big a position given their account size is a common mistake among novice traders. Greed overcomes you and you are trading a huge position on a pair which has been trending up all this while. It suddenly drop 500 pips .... your account goes burst before the pair recovers back to the original rate. Over-trading is the main cause of most traders’ failure.

FX Position Size Calculator is an important tool for managing risk. It helps to avoid the possibility of blowing out your account on a single trade. With a few simple inputs, our calculator can answer the very important question of “How many lots of the currency pair should I buy given my current account size?”

Position sizing is arguably the most important part of Forex Market management rules trading but unfortunately it is also the most neglected.

Our calculator determines the position size to take base on your account size and amount of loss which you are comfortable with. This put a cap on the amount of money you might lose. It also shows your potential profit versus potential loss. The calcuator caters for multiple account currencies (USD, EUR, GBP, AUD, NZD, CAD, CHF, JPY), using actual conversion rate in determining the position size.

In short, FX Position Size helps traders trade at the optimal size, maximizing your gains and limiting your loss.

To learn more about FX Position Size / other trading applications, please visit www.codingtrader.com.

For technical support / enquiries, email our technical support team at [email protected]

Join our facebook fan page.
http://www.facebook.com/codingtrader

Disclaimer/Disclosure
Forex trading on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade forex, you should carefully consider your investment objectives, level of experience, and risk appetite. You must be aware of the risks of investing in forex and be willing to accept them in order to trade in these markets. Trading involves substantial risk of loss and is not suitable for all investors.

CodingTrader.com (CodingTrader) has taken measures to ensure the accuracy and timeliness of the information in the application, however, does not guarantee its accuracy and timeliness, and will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information, inability to access the information, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this application.

This application is neither a solicitation nor an offer to buy or sell currencies. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.

The Application Provider (M Quant LLP) reserves the rights to stop the service without any advance notification.

Disclaimer:
AppAdvice does not own this application and only provides images and links contained in the iTunes Search API, to help our users find the best apps to download. If you are the developer of this app and would like your information removed, please send a request to [email protected] and your information will be removed.