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RISK DATA
Risk in Pips Risk in Money 22.6 9
REWARD DATA
Reward in Pips to First Target Reward in Money to First Target Reward in Pips to Second Target Reward in Money to Second Target Reward in Money (total) 27.5 3 52.5 15 18
<--- Insert your account size here (example: 10,000) <--- Insert how much of your account you want to risk per individual trade (example: 2.00%). Aggressive traders average at 3%
<--- Insert your entry level (example: 1.2547) <--- Insert your stop loss level (example: 1.2522) <--- Insert your first target level (example: 1.2580) <--- Insert the percentage of your trade to be exited at the first target (example: 60%) <--- Insert your second target level (example: 1.2595). If you're exiting the whole trade at the first target, put the same value <--- Insert the percentage of your trade to be exited at the second target (example: 40%). If you're exiting the whole trade at <--- Money value for 1 pip if you trade 1 standard lot (example: 10.00).
<--- This is the trade reward vs. risk ratio (you want this number to be always above 1.0, ideally above 1.5) <--- This is how many lots you must take the trade with to risk the designated "Risk Per Trade" value
<--- This is how many pips you're risking on this trade should your stop loss be hit. <--- This is how much money you're risking on this trade (should your stop loss be hit) if you trade the "Recommended Lots To
<--- This is how many pips you're aiming for on the fist target <--- This is how much money you're aiming for on the fist target if you trade the "Recommended Lots To Trade" <--- This is how many pips you're aiming for on the second target <--- This is how much money you're aiming for on the second target if you trade the "Recommended Lots To Trade" <--- This is how much money you're aiming for on the whole trade if you trade the "Recommended Lots To Trade"
Note: Make sure to enter data in the same currency under "Account Size" and "Currency Pair Pip Value". The outcome result
ve traders average at 3%, conservative traders average at 1%, and we personally recommend around 1,5%.
et, put the same value on both first and second targets ting the whole trade at the first target, put 100% on your first target and 0% on your second target
e". The outcome results for "Risk in Money" and "Rewards in Money" will be represented in that currency.