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Forex Risk Calculator Help

[ Q ] What do I select for "In which currency is your trading account held?"
[ A ] Enter the currency your FOREX trading account is held in.

[ Q ] What do I enter for "Account Balance"
[ A ] Enter the current balance you have left in your FOREX trading account.

[ Q ] What do I enter in the field "What is the factor of leverage on this account?"
[ A ] Enter the amount of leverage you have on your Forex trading account. If you have 20:1, enter 20. If you don't use any leverage, enter 1.

[ Q ] What do I select for "Which currency pair are you trading?"
[ A ] Enter the FOREX currency pair that you will be trading. The calculations will be applied for the currency pair you enter.

[ Q ] What do I enter for "Intended Position Size"
[ A ] This is the position size you intend to apply to this trade. If you are trading in FOREX mini-lots, enter 10000. If you are trading in standard lots, enter 100000.

[ Q ] Which do I select, Long or Short?
[ A ] Select Long if you intend to buy the base currency of the pair you're trading. Select Short if you intend to sell the base currency of the pair you're trading.

[ Q ] What do I enter in the field "Trade Entry Price"
[ A ] Enter the price you intend to enter your FOREX trade at. If you are going long, enter the ask price. If you are going short, enter the bid price.

[ Q ] What do I enter in the field "Trade Target Price
[ A ] Enter the intended exit price you want your FOREX trade to profitable exit at.

[ Q ] What do I enter in the field "Stop Loss Price
[ A ] Enter the price you intend to exit your FOREX trade at a loss.

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