Size a EUR/USD Trade From a Five-Thousand-Dollar Account

[PTScalper]

The tight stop is not free just because it lets you use a bigger lot.

Rounding down every time is the only sane way, Amanhasnoname. One thing I do on top is add the spread to the stop distance before sizing, so a 15 pip stop with a 1.2 spread gets sized as 16.2, because thats what you actually lose when it gets hit. Bit like cutting a plank for the Land Rover, you always lose a bit more than you planned for.

I agree with you, thats smart way.

In long run it can make difference in thousands dollars per year.

[GrahamW1972]

I agree with you, thats smart way. In long run it can make difference in thousands dollars per year.

cheers PTScalper. to be fair im not even sure it adds up to thousands a year for most of us, more like a few quid saved per trade that stops the account bleeding slowly over time... but over hundreds of trades i reckon it does stack up. small habit, big difference down the line, bit like checking tyre pressures on the Landy before a long run

[PTScalper]

I agree with you, thats smart way. In long run it can make difference in thousands dollars per year.

cheers PTScalper. to be fair im not even sure it adds up to thousands a year for most of us, more like a few quid saved per trade that stops the account bleeding slowly over time... but over hundreds of trades i reckon it does stack up. small habit, big difference down the line, bit like checking tyre pressures on the Landy before a long run

Yeah, in long run even small difference can be really huge improvment.

Lets say if you will improve just 0.01 percent performance per trade at average in lets say 3 years after 5000 trades it can be difference 1.001 on power of 1000, which is: 271 percent