Let me ask you:
Do you have difficulty controlling your losses?
Sometimes your losses are small, like tens of dollars.
You’ve also witnessed your losses get out of control — costing you hundreds or even thousands of dollars.
Why is that?
Because you did not trade with the correct Forex position size.
Now, it’s not your fault as MT4 doesn’t have a Forex position size calculator.
This means if you want to calculate your optimal position size, you’ll have to do it manually (or use a 3rd party website) — which is a hassle.
But don’t worry, those days are gone.
Because I want to introduce to you…
The Risk Manager.
A Forex Position Size Calculator — for MT4.