Page 9 - 5 Ways To Pay Yourself In The Forex Market
P. 9
Types Of Position Sizes
GOAL TRADING
Trading for a specific profit target on a daily, weekly, or monthly basis.
$1000
Weekly amount=$500 Goal gain= $1500
1 PERCENT RULE
Risking no more of 1% of account balance.
$1000* 1%
You risk not more than $10 per trade. $100*1%
You risk no more than $1.00 per trade.
PERCENTAGE RETURN
Percentage trading is trading a for a particular percentage return
$1000* 5%= $50 return Lot size= 0.05 micro lots or 5000 units
