Forex Money Management Calculator by Hector DeVille

INSERT ACCOUNT INFO

Account Size Risk Per Trade Account Type 1000 3.00% Standard

INSERT TRADE INFO

Currency Pair Entry Stop Loss First Target Percentage Out at First Target Second Target Percentage Out at Second Target Currency Pair Pip Value EUR/USD 1.2105 1.2075 1.2135 50% 1.2165 50% 10

MONEY MANAGEMENT DATA

Trade Reward/Risk Recommended Lots To Trade 1.50 0.10

RISK DATA
Risk in Pips Risk in Money 30 30

REWARD DATA
Reward in Pips to First Target Reward in Money to First Target Reward in Pips to Second Target Reward in Money to Second Target Reward in Money (total) 30 15 60 30 45

<--- Insert your account size here (example: 10,000) <--- Insert how much of your account you want to risk per individual trade (example: 3.00%). Aggressive traders average at 5% <--- Click and select Account Type from list

<--- Click and select currency pair from list <--- Insert your entry level (example: 1.2547) <--- Insert your stop loss level (example: 1.2522) <--- Insert your first target level (example: 1.2580) <--- Insert the percentage of your trade to be exited at the first target (example: 60%) <--- Insert your second target level (example: 1.2595). If you're exiting the whole trade at the first target, put the same value <--- Insert the percentage of your trade to be exited at the second target (example: 40%). If you're exiting the whole trade at <--- Value automatically selected using account type and data from http://www.learnforexlive.com/pip-value.html

<--- This is the trade reward vs. risk ratio (you want this number to be always above 1.0, ideally above 1.5) <--- This is how many lots you must take the trade with to risk the designated "Risk Per Trade" value

<--- This is how many pips you're risking on this trade should your stop loss be hit. <--- This is how much money you're risking on this trade (should your stop loss be hit) if you trade the "Recommended Lots To

<--- This is how many pips you're aiming for on the fist target <--- This is how much money you're aiming for on the fist target if you trade the "Recommended Lots To Trade" <--- This is how many pips you're aiming for on the second target <--- This is how much money you're aiming for on the second target if you trade the "Recommended Lots To Trade" <--- This is how much money you're aiming for on the whole trade if you trade the "Recommended Lots To Trade"

Note: Make sure to enter data in the same currency under "Account Size" and "Currency Pair Pip Value". The outcome result

ve traders average at 5%, conservative traders average at 1%, and I personally recommend around 3%.

et, put the same value on both first and second targets ting the whole trade at the first target, put 100% on your first target and 0% on your second target pip-value.html

"Recommended Lots To Trade"

ots To Trade" ts To Trade"

e". The outcome results for "Risk in Money" and "Rewards in Money" will be represented in that currency.

EUR/USD USD/JPY GBP/USD USD/CHF EUR/CHF AUD/USD USD/CAD EUR/GBP EUR/JPY GBP/JPY EUR/CAD EUR/AUD GBP/CHF CHF/JPY AUD/CAD AUD/JPY NZD/USD NZD/JPY CAD/JPY GBP/AUD AUD/NZD USD/HKD USD/SGD USD/ZAR ZAR/JPY USD/MXN XAU/USD XAU/EUR XAG/USD XAG/EUR AUD/CHF GBP/CAD GBP/NZD USD/DKK EUR/DKK EUR/PLN USD/PLN EUR/TRY EUR/SEK EUR/NOK USD/NOK USD/SEK EUR/TRY EUR/NZD

PIP VALUE STD MINI 10 1 12.21 1.221 10 1 10.77 1.077 10.77 1.077 10 1 10.14 1.014 16.16 1.616 12.21 1.221 12.21 1.221 10.14 1.014 10.03 1.003 10.78 1.078 12.21 1.221 10.14 1.014 12.21 1.221 10 1 12.21 1.221 12.21 1.221 10.03 1.003 7.45 0.745 1.28 0.128 7.81 0.781 1.41 0.141 12.21 1.221 0.82 0.082 10 1 13.75 1.375 10 1 13.75 1.375 10.78 1.078 10.15 1.015 7.46 0.746 1.85 0.185 1.85 0.185 3.45 0.345 3.45 0.345 6.22 0.622 1.56 0.156 1.78 0.178 1.78 0.178 1.56 0.156 6.22 0.622 7.46 0.746

Mini Standard