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How to calculate the lot size in Forex?
Lotage refers to the determination of the number of lots that will make up the size of an operation, based on the amount of risk established, the distance of the stop loss in pips and the pip value (100K's) of the pair in question.
In forex, when it comes to operating, risk management is as important or more important than the strategy we have to enter and exit the market.
Therefore, we must always calculate the optimal size of each position. A key to the success of forex trading is money management that will allow you to determine the size of each operation, to minimize risks and maximize long-term benefits, as well as protect the capital of the account.
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