MM is a must for any person who wants to be a profitable trader... i think everyone knows that, but few actually study or aplly money management in their accounts. Here is a little calculator i love, co's it helps me control the risk in my trades. It calculates how much you wanna risk in a given trade. I never "risk" more then 4/5% but that is up to you. I hope you guys find this usefull. Good trading!

Attached Files

FX_Risk_722006.zip (87.7 KB, 89 views)

what is intended position size?

Like the name indicates is the size of your trade/position when you enter the market. For example 1 full lot = 100.000