Forex Lot Size Calculation Drill
Practice calculating forex position sizes using the three-step formula until it becomes automatic.
• Step 2: |1.0950 - 1.0920| × 10,000 = 30 pips
• Step 3: 30 pips × $0.10 = $3.00
• Step 4: $10 ÷ $3.00 = 3.33 → 3 micro lots (0.03 standard)
• Verification: 30 × $0.10 × 3 = $9.00 ≈ $10 ✓
• Step 2: |1.2700 - 1.2660| × 10,000 = 40 pips
• Step 3: 40 pips × $0.10 = $4.00
• Step 4: $12.50 ÷ $4.00 = 3.125 → 3 micro lots (0.03 standard)
• Step 2: |150.00 - 149.50| × 100 = 50 pips (JPY uses 100!)
• Step 3: 50 pips × $0.09 = $4.50
• Step 4: $50 ÷ $4.50 = 11.11 → 11 micro lots (0.11 standard)
Crypto Position Sizing & Leverage Drill
Calculate crypto position sizes and understand how leverage affects margin (but not risk).
Margin Required = Position Notional ÷ Leverage
But your RISK is still determined by Step 1, not leverage!
Same trade with different leverage levels. Watch how margin and liquidation change while risk stays the same.
• Step 2: |$40,000 - $39,600| ÷ $40,000 = 1%
• Step 3: $10 ÷ 0.01 = $1,000
• Step 4: $1,000 ÷ $40,000 = 0.025 BTC
• Margin Required: $1,000 ÷ 5 = $200
but it brings LIQUIDATION much closer,
which can cause BIGGER losses than planned.
Stop-Loss & Take-Profit Placement Practice
Practice placing SL and TP on actual chart setups using logical reasoning (not emotions).
• Clear uptrend with higher highs and higher lows
• Price pulled back to previous resistance (now support) at 1.0850
• Bullish engulfing candle just formed at support
• Recent swing low visible at 1.0820
Expectancy Tracker (10 Demo Trades)
Track 10 demo trades to understand your win rate, average win/loss, and expectancy.
If expectancy is positive, you'll profit long-term (if you follow your rules).
| # | Setup | Entry | SL | TP | Risk $ | R:R | Result $ | W/L |
|---|
PH Platform Safety Checklist
Learn to verify if a trading platform is safe and compliant in the Philippines.
Section 1: Philippine Compliance
- Check: bsp.gov.ph
- Check: sec.gov.ph/advisories
Section 2: Red Flags (Mark if present)
Section 3: Security Features
Chapter 4 Mastery Self-Assessment
Before moving to Chapter 5, honestly assess your understanding.
- I will ALWAYS calculate position size before entering
- I will NEVER widen my stop-loss after entry
- I will use LOW leverage (3-5× max as a beginner)
- I will risk only 0.5-1% per trade
- I will trade only on registered, safe platforms
- I will track every trade in my journal
Trading Psychology & Journaling
• How to manage emotions (fear, greed, FOMO)
• How to avoid revenge trading
• How to keep a trading journal that actually improves your results