Thread: How to quickly calculate lotsize based on amount?

Originally Posted by ;

I am looking for a process to very quickly determine lot dimensions based on amount you are targeting to risk for any currency pair. Case in point: I wish to learn what needs to be my lotsize when I am prepared to risk $250 and my SL is at 35 pips for EURUSD? I want to learn what needs to be my lotsize when I am prepared to risk $350 and my SL is at 45 pips for AUDJPY? I want to learn what needs to be my lotsize when I am prepared to risk $650 and my SL is at 45 pips for GBPNZD? I think there is a spreadsheet which permits you to do this very quickly. Would you point me...

I believe this thread will point you in the path that you are trying to go.

https://www.nigeriaforextrading.com/...coincheck.html

Originally Posted by ;

quote I think this thread will point you in the direction which you're attempting to go. https://www.nigeriaforextrading.com/...ve-values.html

Thank you.

I am looking for a process to very quickly decide lot dimensions based on amount you are targeting to risk for any currency pair.

Example:
I want to find out what needs to be my lotsize if I am prepared to risk $250 and my SL is at 35 pips for EURUSD?
I want to find out what needs to be my lotsize if I am prepared to risk $350 and my SL is at 45 pips for AUDJPY?
I want to find out what needs to be my lotsize if I am prepared to risk $650 and my SL is at 45 pips for GBPNZD?

I believe there is some spreadsheet which permits you to do this quite quickly. Can you point me in the ideal direction?