How you trade
Lot size to risk 1% ($10.00) with a stop of 100 pips:
0.01 lots
If the stop gets hit you lose $10.00: 1% of the account.
Exact lot: 0.01 · one pip is worth $10.00 per lot
How you trade
Lot size to risk 1% ($10.00) with a stop of 100 pips:
0.01 lots
If the stop gets hit you lose $10.00: 1% of the account.
Exact lot: 0.01 · one pip is worth $10.00 per lot