[sc name=pip-calc]

How to Use

When calculating the size of your trade position. Say you have a GBP balance of 10,000 in your trading account, you only risk 1% of your trade, with a stop loss of 50 pips and you want to take position in the AUD/NZD pair , then you should enter as follow:

Position Size

Note: 2.16144 was the market price for GBP/NZD at the point of placing your trade.

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