Forex - Calculate Lot Size Like Pro
4.3 (14 ratings)
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Forex - Calculate Lot Size Like Pro

Manage Risk and Exposure
4.3 (14 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
544 students enrolled
Created by Baraq Adnan
Last updated 6/2017
English
Current price: $10 Original price: $20 Discount: 50% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 36 mins on-demand video
  • 1 Article
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • How to calculate Pip, Lot size to manage Risk
  • Money management technique
  • how to calculate Risk
View Curriculum
Requirements
  • Basic understanding of financial markets
Description

Course About

This course is about money management and how different aspects of financial markets help to control the risk. 

Background in Trading

You must have general understanding of trading or executing orders.  

Material Included

I'll cover theory with hands on practice approach and will also provide additional document that will help you to automate calculations. We will also cover Live charts analysis for examples. 


Who is the target audience?
  • All Business and Finance audience
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Curriculum For This Course
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Start Here
8 Lectures 22:34

We will cover the following topics in this course.

  • What is pip ?
  • How to calculate pip value?
  • How we define our Risk ?
  • What is stop loss ?
  • How to calculate Lot Size
  • Millionaire Money Management Strategy and Compounding
Preview 00:45

We will define Pip and with help of examples we will understand how to calculate it.

What is Pip
02:29

In this lecture we will understand following;

  • Account denomination
  • Different Account Types
  • Formula to calculate Pip Value
  • Examples - how to do it
How to calculate pip Value
06:40

How to define Risk. 

What is recommended market exposure per trade

How to calculate Risk based upon Money Management Strategy

How to define Risk
00:40

What is stop loss

How to calculate stop loss

How to identify stop loss and calculate pips
02:17

How to combine pip value, risking pips and equity to calculate Lot Size

How to calculate Lot size
02:24

Hands on practice for short trade. How to calculate everything from a-z.

Short Trade Example and hands on practice
03:40

Hands on practice for Long trade. How to calculate everything from a-z.

Long Trade Example and hands on practice
03:39
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Bonus
3 Lectures 13:24
Lot Size Excel Sheet
00:00

Analysis of following Pairs with Patterns, Harmonics and EW perspective. 

EURUSD GBPJPY GBPNZD USDJPY EURJPY GBPUSD

Preview 08:21

Analysis of following Pairs with Patterns, Harmonics and EW perspective. 

EURUSD GBPJPY GBPNZD USDJPY EURJPY GBPUSD

Preview 05:03
About the Instructor
Baraq Adnan
4.1 Average rating
538 Reviews
19,293 Students
26 Courses
A Life Student, an Entrepreneur and Technology Evangelist

A Student, Professional Trader and Entrepreneur. 

Expertise in recognising market structure and identification of price patterns for potential reversal point. An active trader and live forecaster at various recognise trading forums.

Carrying a mission to make it easier for people to have financial freedom by sharing passive income strategies that generates residual income with an entrepreneurial mindset.

Learn Together - Grow Together - Succeed Together