Essential calculations for Forex Students and Traders.

1.Position Size

The amount of units to buy or sell a currency pair.

2.Stop Loss and Take Profit

A stop loss order helps you to define your risk ratio and the amount you are

prepared to lose as part of a single trade.

Take-profit order can be used to circumvent the innately human traits of greed by

locking in profits on short or long-term price moves.

3.Required Margin

Also known as Deposit Margin, Entry Margin or Initial Margin is the amount of

margin required to open a position.

4.Pip value

Is the price attributed to a one-pip move in a forex trade – it is often used when referencing a position's losses or gains