Hi everyone, can someone tell me how to calculate the lot size without specifying a stop loss??? Cause I don't use them.... I'd like to just set a risk % on my total capital and get the lot to place. Can someone help me out?
I have ever seen software using excel to calculate position size and risk, but I forget the source. How to take the small risks I use the smallest position size 0.01 and increase when make double a hundred percent profit.
Thank you guys for supporting. I've come to the conclusion to use the classic tool with the SP to get an idea and then just not place the SP itself. have a nice day
PERSEVERANCE.
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