How to Calculate Perfect Lot Size in 2 Seconds (Never Blow Your Account Again)

You're trading different currency pairs with 0.01 lot, but your risk keeps changing. One trade you lose $20. Next trade you lose $45. Same lot size. Different pairs. What's going on? This is the #1 position sizing mistake that destroys trading accounts — and I'm showing you EXACTLY how to fix it in this video. WHAT YOU'LL LEARN: ✅ Why 0.01 lot does NOT equal $1 per pip on all pairs ✅ How pip value changes on cross pairs (EUR/JPY, GBP/JPY, EUR/AUD) ✅ The simple formula behind pip value calculations ✅ The free MyFXBook position size calculator I use before EVERY trade ✅ How to use the calculator in 3 simple steps ✅ The small account trap (and 2 solutions to fix it) ✅ Why you should ALWAYS think about loss first, not profit Most traders assume 0.01 lot = $1 per pip across ALL currency pairs. That's ONLY true for USD quote pairs like EUR/USD or GBP/USD. On cross pairs like EUR/JPY, GBP/JPY, or EUR/AUD? The pip value is COMPLETELY different because the system has to convert through other exchange rates to get back to USD (your account currency). If you don't understand this, you're risking random amounts every trade — not consistent percentages. THE SMALL ACCOUNT PROBLEM: Here's how small accounts get destroyed: Account: $500 Planned risk: 2% = $10 Trade: Gold (XAU/USD) Stop loss: 300 pips Minimum lot size: 0.01 ACTUAL risk: $60+ (12% of your account!) You wanted to risk $10. You're forced to risk $60 because of minimum lot size restrictions. One bad trade and you're crippled. I'm showing you the exact position size calculator I use before every single trade. Here's how it works: Step 1: Choose your currency pair Step 2: Enter your account size Step 3: Enter your risk percentage (1-3%) Step 4: Enter your stop loss in pips Step 5: Click calculate The calculator instantly gives you your EXACT lot size. When your stop loss gets hit, you lose EXACTLY what you planned — not more, not less. TIMESTAMPS: 0:00 - Why Different Pairs Give Different Risk 0:20 - The $1 Per Pip Myth Explained 0:50 - How Pip Value Actually Works (USD Quote Pairs) 1:43 - Cross Pairs & JPY Pairs (The Conversion Problem) 1:52 - The Simple Formula Breakdown 3:12 - The 3 Things You Need Before Every Trade 3:52 - MyFXBook Position Size Calculator Tutorial 4:41 - The Small Account Trap & How to Overcome 5:18 - Final Thoughts: Think Loss First, Not Profit THE MOST IMPORTANT RULE: Before EVERY trade, ask yourself: "How much can I LOSE?" NOT "How much can I earn?" You need three pieces of information: Your account capital (e.g., $1,000) Your risk per trade % or $ (e.g., 3% = $30) Your stop loss in pips (e.g., 20 pips) Plug these into the position size calculator → Get your exact lot size → Execute with confidence. POSITION SIZE CALCULATOR: 📊 MyFXBook Position Size Calculator: https://www.myfxbook.com/forex-calcul... TAGS: #ForexTrading #PositionSizing #RiskManagement #PipValue #ForexEducation #TradingForBeginners #SmallAccount #ForexRisk #TradingStrategy #ForexMentor #DayTrading #ForexBasics #TradingTips #ForexCalculator #PropFirm