Sheet 05 · The Workbench
Do the maths before the trade, not after.
Four calculators, pre-loaded with current prices. Results are in US dollars and exclude spread, commission and swap.
T1Position Size
the lesson →Trade this many lots
0.20
risk $50.00 ÷ (25 pips × $10.00/pip) · ≈ 20,000 units
T2Pip Value
the lesson →Each pip is worth
$10.00
1 pip = 0.0001 · 100000 units · 10 pips = $100.00
T3Margin Required
the lesson →Margin set aside
$1,844.50
position value $55,335.00 ÷ 30
T4Profit / Loss
the lesson →Result
+$60.00
+30.0 pips · before spread, commission and swap