Position size

Position size

In online trading, the position size is the volume of a trade or an order — the amount that is bought or sold.

It is very important to stick to the principles of money management when deciding how much money you invest into a single trade. A good rule of thumb is to never risk more than 1% of your trading capital in a single trade.

Read more about protecting your trading capital with money management and position sizes:

Setting the position size in MetaTrader 4

MetaTrader 4 (MT4) is the most popular trading software. Most of the partner broker of tradimo offer it for free to their traders. Read our tutorial on how to set the position size in MT4:

How to open and close trades, enter a stop loss/take profit and enter/cancel an order in MT4.

An order in the trading software MetaTrader 4.

order panel mt4

number_1 is the position size

number_2 is the stop loss

number_3 is the profit target

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