Forex pip counter indicator trade navigator for mac

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Since risk management is one of the most important aspects of trading, this is a tool that you want in your arsenal.

This is to prevent your account from blowing up in case of a streak of losing trades.

Of course, if the trades were winners, the profit would have been higher, but it is important to be prepared to a high number of losing trades in a row.

Depending on your strategys statistics, usually you shouldnt risk more than 1 to 5 of your balance on a single trade.

Once you settle on your strategy, risk, and stop-loss, you can calculate the lot size.

Stop-loss can be set as distance from the open price or as an absolute price level.

This is very useful if you need to check if the trade satisfies your strategys rules.

You can modify it yourself or you can hire an MQL4 coder to do it for you.

Never trade with the money that you cannot afford to lose Trading with leverage can wipe your account even faster.

Forex Pip Counter Indicator Trade Navigator For Mac