How to Calculate Position Size & Lot Size in Forex

[@KarenFoo]

P.S. That thing on my nose is not a booger.... it just so happens that my skin on my nose peeled that day and if i plucked it away it's gonna get bleed and it's gonna be painful. I tried but it hurts. I have dry skin often due to my swimming commitments. Could you please ignore that shit for now :)

[@KarenFoo]

Ibrahim. The key thing is the formula and the 2 common mistakes to avoid

[@KarenFoo]

Christopher. Lol who doesn’t ?

[@SortoutGeneration]

Karen thank you so much just wish I can meet you in person

[@AuntiePerspective]

Out of all the content I've been watching, this is the FIRST time I have seen anyone show how to properly CALCULATE position size. Thank you!

[@Koldyfuego]

I recently started following you and I have to say your content is priceless, so organised, simple Just how it should be. Thanks Karen for such good free content.

[@joshuarobert85]

I'm a beginner in trading but I'm so glad I came across your channel. I don't think I've meet anyone who explains it better. Thank you Karen

[@martinettenes1789]

Having seen many video's, I can honestly say: Yours are the best ...

[@KarenFoo]

Thanks for making my day

[@bellaolum9768]

I agree 💯☑️

[@ludoesmusic9877]

👏🏽👏🏽u really help me believe in my self...thank you

[@KarenFoo]

You're welcome

[@emmanuelobuobi8150]

Nobody has explain everything like this… you are the best trust me. Thank you

[@atelierstudios7761]

This is the defining definition of managing emotions!!!! It is imperative, that traders learn THIS! Risk management with lot size helps regulate attitude and also keeps us in the game. Risk little, Win much! A trader can have 10 losses and two winning traders and come out positive in their account! I LOVE YOU for sharing this Karen. I hope to meet you someday.

[@KarenFoo]

Thanks for your kind encouragement

[@BLAISETANWIE]

Hey Karen, I enjoyed watching your videos. I just started trading and didn't even know exactly what and how they do calculate position size, S/L, Value per pip until now that i came across your videos. But it's unfortunate that I had to loss all my $300 investment before coming across your videos. Thanks for your time in giving us who want to trade valuable insights and guidance. Can't thank you enough for what you are doing. May you stay bless.

[@MkhoMA]

I CAN'T BELIEVE I DELETED ALL THE SHIT MOVIES,AND SONGS,AND VIDEOS I HAD ON MY PC JUST TO MAKE SPACE FOR YOU KAREN,YOU ARE ONE OF THE PEOPLE WHO CHANGED MY LIFE,I JUST STARTED FOLLOWING YOU A WEEK AGO.I SPENT HOURS AND HOURS WATCHING YOUR LESSONS AND MAKING NOTES.I THOUGHT I AM READY TO START TRADING FOREX BUT AFTER WATCHING YOU ,I CHANGED MY MIND.YOU SAVED ME...MUCH LOVE AND APPRECIATION FROM ME.

[@KarenFoo]

Wow. Now that's some real commitment right there. I'm glad that my videos helped. All the best to you!

[@asb2608]

serious value in this video that i had absolutely zero clue about before and the best thing is this video is FREE what a time to be alive. thank you karen.

[@KarenFoo]

You're welcome. Grateful people like to makes the world better :)

[@racquelburton9613]

You are really one of the best at this. I appreciate it alot all the way from Jamaica.

[@KarenFoo]

Thanks for your kind compliment

[@melchizedekaguguom2579]

Best teacher, among the rest. I’m always learning from you ❤️

[@KarenFoo]

❤

[@zakbiz611]

After following for long, i concluded to say your channel is underrated.🤦🏽‍♂️ You’re beautiful n smart ☺️😀

[@KarenFoo]

Thank you for your compliment. Well, some people discriminate me for my age, gender or even my accent.

[@zakbiz611]

@@KarenFoo I can attest that’s for people who always wish they were you.☺️ Trust me! :)

[@huntingjaguar]

Thank karen! The formula nailed it for me. I can always count on your videos 👍

[@jxjeff]

hi karen, this video really inspired me. Previously i decide the lot size first then calculate SL, with this i am able to know how much maximum risk if it completely goes wrong. But after watching this video, i found out that your approach is definitely a better way of controlling risk per trade in the long run..

[@halehraeesi2999]

Karen you have answered so many of my questions. believe it or not I have watched so many videos online and you are the only instructor who keeps it simple and pragmatic. you are just the BEST!! tnx thousand times. keep up the wonderful work Karen

[@KarenFoo]

You're welcome. I'm glad I could help!

[@abdouelhardoul73]

How easy to explain a complicated subject with smiles patience and love you have a big heart ❤️ full of energy confident and pure values to give such more informations for frees without you giving up or tired to do it other charge people for money for that All my respect and love for you and your family Karen.

[@KarenFoo]

Thanks for your compliment. I do get tired of teaching almost every month. Ppl on the internet are just mean and entitled.

[@abdouelhardoul73]

@@KarenFoo you the best I mean wherever you tired you keeping moving forward without giving up that’s a great 👍 from your pure beautiful soul may God bless you and bless your families respect and love from New York City 🙏🙏🙏

[@keissetje]

5:40 Damn, some generally applicable life advice in the middle trading education. Didn't expect that, but sound advice!

[@KarenFoo]

Thanks

[@tafarahove9592]

I use the babypips position size calculator and I only risk 1%. If I manage to secure big accounts like 1M, i might reduce it to 0.5%. Thanks Karen for the video.

[@richard21995]

Thank you for this tutorial, it is really helpful and you explain it very well.

[@thatipamularsmesh3583]

Im learning many from u Karen.U are the best for teaching in easy way

[@lions9790]

Great job Karen. I just love how you articulate your points. I've subscribed already.

[@mak_r]

Hi Karen, thank you for all this world-class info that you share with us. Be blessed abundantly!

[@KarenFoo]

You're welcome!

[@ezrasitali7575]

Hey Karen. just wanna say thank you! and keep up the good work. Love and Blessings.

[@ezrasitali7575]

hey Karen, I have a question. if I'm in a buy and my stop loss is 30 pips down do i add a negative stop loss value in the equation or a positive value.

[@katingaman]

hello karen, for calculating pip value i use this formula, its similar to yours and gives the exact same result, its a matter of preference. pip value = (pip/ current price) x standard lot ex. EUR USD =(0.0001/ 1.0834)x 100 000 = 9.23€ very helpfull video, thank you for sharing

[@KarenFoo]

You need to convert it to usd if your account is denominated in usd:)

[@katingaman]

my account is in euro, thanks once again :D

[@im_wander]

revenge trading ! when you said i feel sorry for you. i was like, damn thats me.

[@KarenFoo]

Most traders would have done some form of revenge trading

[@DavetheTrader420]

Your English speaking has improved soo much :) nice vid!

[@KarenFoo]

don't know what you're trying to imply. I am a top student and straight a's student in school . My english has never been bad after graduation

[@DavetheTrader420]

@@KarenFoo sorry I mean nothing bad Honestly! And I don’t doubt that you are very smart!, I mean I can understand you more clearly in your recent videos today then I could this one that’s 3 years old, your accent is changing over time and I can understand it more, I didn’t mean no offence, I watch all your videos and they are so helpful, you’ve helped me a lot and I’m very appreciative for it, :)

[@DavetheTrader420]

@@KarenFoo ?

[@andrestrat]

Very simply and WELL explained. Thank you Karen!

[@KarenFoo]

Glad it was helpful!

[@brendaodonovan8435]

Yes I learned it further in and it is really important for a trader to understand it.

[@KarenFoo]

I wish you all the best in your trading :)

[@misfitdess3222]

Man Karen, I'm learning so much. Thank you so much

[@KarenFoo]

You're welcome

[@gayanrodrigo6637]

from today, ill do my process with this formula.Thanks Karen for valubale advice & let me to check the probability.

[@KarenFoo]

You’re welcome Gayan. All the best to you :)

[@gayanrodrigo6637]

thanks karen

[@wills5978]

KAREN 👸🏼 , this is Best training video. Figuring out Lot Size , Wow 🤩 , Ouch 😓 , I’m on emotional 😭 Roller Coaster 🎢 .. Haha glad you feel Sorry for me. Shows you care . I Love ❤️ you too. Really appreciate All your video’s. Specifically this one. I finally understand how to figure out my lot size our position size. I was guessing all time by using my foot 🦶 size of 11.5 wide Haha 😂 😆 no wonder why I been losing 4 years. With all your training materials available free. I’m starting to understand all things I was doing wrong. Thank You again Karen 👸🏼.. Ps You Nailed it about Ex

[@ifiokudofia6074]

Thanks for the encourages it really helped me Cause.......😊you're my role model in forex

[@theeaglestrader3442]

Good job mentor. But how do you calculate the stop loss. Do you measure from your entry point to where you want to place your stop loss then you add up

[@kronos1017]

Great job Ms. Foo!!

[@joshuarobert85]

I'm going to watch every single video you have online Karen.

[@gezor20]

very valuable information. Thank you!

[@itsumair001]

Hello Thanks for sharing us your video content something learn new from your tutorial So my Question is here that we have calculated our 2% risk and also find how many pips are they accroding to our lot size So here I am confused that how to find that exact pip value on the live chat to put that value in Stoploss in pending order ?

[@aghoghoeni426]

Thank you Karen... The question i have about this. If one intends to scalp, how do you go about this this calculation everytime?

[@carlo9524]

Hi Karen, not all brokers have a Volume input. I use IQ option and the only inputs are AMOUNT LEVERAGE TP value SL Value Entry price However the pip value is auto computed.

[@naomigslight444]

great video, nice and clear.

[@KarenFoo]

Thanks

[@igwepeace1559]

Karen, you're just good!!!

[@richardpermejo9751]

Thanks mam for the knowledge

[@feraricar]

Glad rightoff I started with the best master

[@carlsongwazaza7215]

amazing staff, thank you for your love

[@KarenFoo]

You're welcome

[@veesticks1605]

I love you, what broker do you advise we use

[@farhanmohamed6420]

Hi Karen, when talking about the capital, is it the total amount of money that I'm controlling (Deposit+Leverage) or it's my deposit/margin only?... pls reply. thank you for this wonderful and educative video.

[@emekahezekiah8721]

got this advice the hard way...wish i saw this early but still the same am better now...so love this guy...nice advice

[@KarenFoo]

Hey Emeka. Thank you for your compliment. It’s better late than never. Btw, I’m not a guy though :)

[@rahman162]

Amazing content FOO, the way you explain your gained knowledge gets two thumbs up 👍🏿👍🏿👆🏿

[@KarenFoo]

Hey Ameee. Thank you so much for the thumbs up. And thanks for the compliment . Glad that you liked it

[@philipcook6191]

Thank you so much!

[@niyikizaemmanuel2050]

Hello Karen, so I have question that 0.333 you get after calculating position size, stand for what is it money is it rate, what is that. Thank you

[@xLeo_xD]

Thank you a lot! I have one questions why is 1% risk equal to 0.01 , and would 14% risk be 0.14?

[@pkp2023]

Yes you are the Best ! Ever

[@notbxeller]

Very helpful and useful information thanks.

[@KarenFoo]

Welcome

[@brendaodonovan8435]

I wish I had seen this years ago when I first started trading

[@KarenFoo]

Hey Brenda. Better late than never. All the best to you :)

[@thekingmormon279]

Me too

[@wavymj3301]

how do I calculate the stop loss.

[@rhysmerrifield7568]

Hey Karen, still going through videos and learning 'lots' sorry excuse the pun haha - is that broker in you description still your broker or do you have a different one to recommend?

[@KarenFoo]

ya that's the one i currently recommend. I update the links

[@rhysmerrifield7568]

@@KarenFoo you are amazing, thank you :)

[@overthinking8270]

VERY GOOD EXTREMLY PERFECT JOB

[@zomb3kill3r]

great video!

[@milanvlogs112]

Very good working

[@Oladayodamilare3]

You are doing good

[@atafavour2120]

Pls I want to know when we are calculating for position size is our answer in unit or dollar?

[@iamolaoluwa]

Thank you ❤

[@CryptoMainly]

Very clear. Great video. ❤

[@KarenFoo]

Thanks

[@jamescut466]

same as before still new to trading so i normally calculate position size by just winging it if in the demo im losing then i just randomly select size learning is a slow process

[@bonganemathebula7556]

I understand how the Position sizing formula works but... 1) When we calculate the pip value we have already decided the VOLUME, then why are we calculating the VOLUME again? Im so confused. 2) In the Live market it would be extremely hard to calcute the position size & enter the trade on time. So how do you overcome this? ...Which calculator do you recommend? Thanks in advance ;)

[@_Amy9Tro_]

She so confusing

[@c00lbreeze]

Man this is crazy, I just came from another very recently uploaded video where this guy swore up and down that he searched high and low for how to calculate position size, then he bought (video maker's) book and it changed everything.... so he didn't find this video, that I found by typing in "how to calculate position size". Karen, you help me uncover BS just by existing 😆

[@Magicmh7]

Thanks for your explanation but how do i calculate it so fast for lower time frames? I want to trade 5min chart but i just struggle to calculate lot size fast enough to enter the position on time 🧐

[@kennyopel]

So does putting the numbers in the volume automatically take you out of the trade when you hit your stop loss or take profit, or you still have to input your stop loss and take profit manually after the calculation position size

[@KarenFoo]

Of course you need to set your stop loss and TP

[@kennyopel]

Karen Foo thank you

[@magma3525]

Hi Karen! How do you include LEVERAGE into the equation, because that would change the number of LOTS you could trade wouldn't it? Do you multiply the result with the leverage you have? I am not good with math at all, can you help me please? And, thank you for the good and detailed explanation!!!

[@KarenFoo]

As long as you manage your lot size...leverage wont be an issue

[@nabinsarkar1145]

Very good videos and very helpful to me thank you mam

[@KarenFoo]

You're welcome !

[@JamesSmith-ds2hi]

When doing risk management should u go by your balance or the equity you have?

[@gurpreetkapoor5576]

GREAT 👌 DARLING 💕💞💞💞💞

[@ervin1jp]

Luvin' it.

[@jackolantern9581]

Hi coach Karen, so I got your idea that Stop Loss should be determined first before the Lot Size, yeah? ...and so to solve for the Lot Size, you mentioned that we need the Amount of Capital, the Risk Percentage per Trade, the Stop Loss (in Pips), and the Value per Pip. But before the Value per Pip can be established, we need to have the Lot Size among other things; therefore, when we have the Value per Pip to multiply it to Stop Loss (in Pips), the Lot Size was already determined. So, coach Karen, which Lot Size is the "true" one?

[@fkimprovements6420]

Thanks Karen

[@haarvey8363]

If i have a 1:100 leverage relative to a 1:10 leverage how would this affect my position?

[@mikitimiki8604]

Hi Karen, a novice starter here. Is there such thing as buy and hold forex pair? If I want to buy and hold long term, how should I gauge the stop loss level?

[@KarenFoo]

Depends on your strategy

[@wehttamak]

karen I understand calculating the lot size but I still don't understand the stop-loss calculations you stated its determined by market conditions/currency how about an example cause putting it like that doesnt help me as a beginner to determine the specific amount a working example may help as oppose to just saying its determined by market conditions

[@KarenFoo]

Matthew. I'll consider doing examples on those. What I meant was that a lot of traders would have their stop losses not fixed everytime because they need to look at market conditions to determine their stop loss level. But if you have a strategy with a fixed stop loss level, then you can ignore that statement :)

[@wehttamak]

Karen Foo don't have any strategy I'm in the learning process hence the questions and the confusion on my part :)

[@KarenFoo]

I see. Well you've understand what I mean eventually. :)

[@raymondsign4407]

How do you add positioning with leverage....I haven't found any video that speaks both at once🤔

[@sureshthangaraju2672]

Hi Karen, I have $2000 account set with 1:1 leverage I have used a position size calculator to determine the lot size. Example: EUR/USD Set with 1% risk of my account value Stop loss :30 pips Contract size is left as: 100,000 Calculated lot size: 0.067 When I used the above lot size to open a trade it says insufficient margin. Using the margin calculator from my broker, Calculated margin: $7,956.25 • Unless I leveraged, I cannot seem to take the trade. • Will that mean my risk is now factored by the leverage amount (min leverage with my broker 1:25)? • Does the position size calculator not work with consideration of my account size to provide a suitable lot size? • What am I missing?

[@victorhernandez4207]

Got a question; I use a position size calculator with a 100 dollar trading account and my risk on every trade is 1%. The calculator says that my position size should be 361 with an entry price of 0.68445 and a stop loss of 0.68722 in the AUDUSD pair. Looks like way too much isn't it?

[@johnathangrey3463]

This is real tough one.

[@tumisangselemogwe9547]

I'm a beginner I would like to ask how you came to the value per pip

[@edwinhernandez6505]

How do I calculate lot size on let’s say the us30 or nasdaq? Thanks for help

[@truthtruth3799]

lol I am fun fan, i watch your every time video but i don't comment but this made me LAUGH... I guess you almost laugh yourself when saying it, Your words"It's like after s break up in a relationship you still go keep thinking about your EX" that's so funny!

[@KarenFoo]

Haha if I laugh I will edit away the clip 😂😂

[@podelsf]

Karen, are u doing the video on choosing a broker in sg :( been waiting for that..and do u have any advice for students wanting to start trading? I’ve been looking at a few broker and some of them require u to have a minimum income & savings to get started on trading

[@KarenFoo]

Hi there. Are you from sg? You can start with the broker that I recommend in this video. I’ll be doing a detailed video on that soon . If you follow my instagram, you’ll know that i’m kind busy with something else now 😊 Thank you for your patience

[@podelsf]

Yes i am from sg :) hope to see the video soon, sry for the trouble & take your time if u are busy

[@hometeamrecords3798]

One thing I can't understand ever--- Why so smart people, intelligent and diligent in any work or business etc, they have SOOO Many Video Cuts???

[@aphepgaskarth]

Hi karen, what about the spread? Calculate it or not? risk/((SL-spread)*value pip) 🙏🏻

[@KarenFoo]

If you want to..especially if you trade pairs with large spread

[@kalokels1041]

Hey Karen I have a small trading account for practice like you said but I find it hard to calculate lot size. I get huge values. My stats are: -balance 100$ -value per pip 0.1 -s/l 10pips -risk per trade 2% By calculation it give me a trade size of 2. But for my account that is too much being 20$/pip. How would you calculate this? Or does the formula only work on a large account balance?

[@KarenFoo]

I just showed you the method. Dont ask stupid questions

[@kalokels1041]

@@KarenFoo Thanks

[@krgoins3531]

Hello Manager Foo, Thank you for sharing your knowledge. My account went through a brokerage company in Shanghai. I was accepting the analyst advise and I was doing very well for a long time. Then all of a sudden I lost my entire account in one instance during a trade. They claimed it was a brokerage stopping mechanism that prevented massive losses. That's when I recognized I need a lot more education. Have you heard of any situations like this?

[@SETSOAFIAAGBENYEGAH-xj5oq]

Thank you but can you actually take a scenario on the chart and calculate? Everyone is thinking it but I am the only one who will ask because I'm that student stands as the voice of the many. Please thank you in advance

[@AndrewDTOX]

How do you incorporate spread into your positions?

[@chidieberekenneth101]

I love you Karen your the best 😘😘😘😘😘

[@chrislychardaurintsala783]

thanks so much for the video. but, it's said if i've a standard lot (100 000) my pip value is 10$ , mini lot(10 000) pip value is 1$ etc. what about having a 800$ account what will be my pip value for this one. thanks for answering .

[@thefuturechannel3336]

I think it will be 8$ for a standard lot & a 0.8$ for a mini lot for an 800$ Account

[@shawnwaldron8912]

Hey Karen how would you manually calculate an account size of $1,000 with a risk of 0.5 % so less then 1% to gain about 50 - 100 pips swing trading

[@prakashpaulraj4361]

Hai karen please clarify me...for the calculation we used 10000$ account.....but the pip value we given was 10$..... For 10000$ pip value is $1 that what we calculate in previous video Thank you for your videos

[@jonathanarevalo2721]

Is the value per pip $10 because of Standard Lot size? 🤔

[@7771ham]

So 0.33 on a 10k account would be 33 cents for each pip correct? I just wanna make sure I’m doing this right. I’ve been saving up and I’m close to 10k no, exited to start my forex journey, but I wanna do it the right way, the Karen foo way! Ik if I do it like that I’ll be successful in the end! Thank you Karen :)

[@MeiYingLim]

Volume 0.33 is it standard lot or microlot