I have the magic solution for you guys
for everybody asking about what lot size
they should trade how many Pips stop
loss how many points stop loss all of
those manual calculations that you make
to enter your trade making you get into
your trade a little bit later that you
want I I literally I got I got the
solution for you guys it's super easy
it's mindless it's brainless just yeah
assistant
welcome back to the channel everybody my
name is Artie and this is the moving
average a show where we discuss
everything day trading to keep you
profitable this is going to be a two
minute video so let's get right into the
charts okay this was made by our team
this is called the ttf risk calculator
it is a plug-in that you put into your
mt4 or mt5 desktop application it does
not work on mobile so easy to use I'm
gonna show you this so right here we
have the risk percentage it shows you
the cash risk of that risk percentage
and you get to choose your risk to
reward ratio so for example right now my
account balance is fifty two thousand
three hundred twenty two dollars so if I
risk one percent right now it will be a
risk of
523.22 let's say that I want a one to
two risk to reward ratio so I can set it
up like that I have two I have one right
here and all you need to do is Click buy
or sell and then you can adjust your
stop loss and it will automatically
adjust your take profit so for example
if I sell right now you will see a line
pop up right here you double click that
and you'll get this tiny little dot
right here showing you that you can
actually adjust it and you can slide it
down and make your stop loss as tight as
you want when you do that you can see
that your take profit line moves in
accordance with that so right now if I
enter this trade this will be my stop
loss and the system will automatically
calculate what your lot size is to risk
one percent for that stop loss to be one
percent and this is going to be two
percent take profit everything's done
automatically you don't have to sit
there and calculate all right I have a
hundred thousand dollar account I want
to risk my one percent that's a thousand
dollars my stop loss is 39 points so if
I calculate uh one it's not necessary
anymore all you do is click a button and
then once your stop loss is set all you
got to do is click Send order only when
you're ready to send the order will it
execute the order and your stop loss and
your take profit will be in place so
you'll never enter a trade ever without
having a stop loss just in case the
second that you enter a trade it goes
against you and it just completely wipes
out your entire account I know so many
people get into a trade and they just
they're like oh I'm gonna get into a
trade and then once it starts running
then I'll adjust my stop loss and take
profit but within that short time frame
it could be a news event and you get
completely screwed and you lose 20 grand
the market is about to open so I will
see if I can get into a trade I'm not
getting any setups for a three-line
strike right now so I might have to
counter Trend trade on this we will see
all right I'm gonna get into a long
position right here because I think the
trend is going to continue up let us
just set our stop loss right here at
that Wick and send the order
this is your entry price with your
spread this is now your stop loss and
this is your take profit which works for
me because looking left right there
that's also looking to be like a 618
retracement
so I think the price is going to go up
there as you can see here now uh open
position let me scoot that up boom so
price entry here's your stop loss here's
your take profit and it shows your
commissions and if you're in profit or
not lot size automatically calculated
2.67 instead of you having to do it
manually you can also click and drag
your stop loss to wherever you like it
I'm Gonna Leave it where it is
and just like with any trade you can
close it if you're in profit if you're
seeing some price action reversal
patterns or you can just let it ride out
um sometimes A good rule of thumb is
moving your stop loss to break even once
it hits you know fifty percent of your
profit Target that way it's a risk-free
trade if you're getting momentum if
you're getting big juicy candles like
that it's you know it's a good idea
all right so we just got a three line
strike in the opposite direction on a
one minute chart I'm not liking that but
I honestly think it's going to creep up
a little bit more I like this price
Target so I'm going to let it sit
but I am going to move my stop loss a
little bit to right there that way I'm
risking less money it's about half the
amount that I risked before so instead
of losing 500 I'll lose like 300.
so it's looking like we're getting a
three line strike in the up Direction
which is nice
um this long Wick plus an engulfing
candle makes me feel good if you guys
don't know how I normally do my analysis
like you know
broken trend line
and then
you know new trend so this is your new
trend
um short-term trend
but hopefully it'll hit that price
Target we'll just keep waiting and
seeing
I am however gonna move my stop loss to
just above break even
because I don't like losing money
right now I'm just over one percent in
profit so
I don't know if this thing doesn't want
to move
relatively quickly soon I might close
out early
all right so price is about to close
below this trend line if this candle
closes
down then I'm going to close my trade
early but hopefully it
shoots right back up
this is why I don't like counter Trend
trading because the overall price action
is going down
and I was just trying to get to a fib
level
Jesus that got so close to my stop loss
I should probably just close it
let's just hope for the best you can
also adjust your take profit level to
something a little bit more comfortable
like right there if it does go up to
that trend line and reject it and then
continue down then I'm good to go I
absolutely hate when price is
consolidating you'd think 27 minutes
after market open it would move and stop
loss hit but I made a profit of 51.59
because I chose to move my stop loss
into profit instead of the trade going
against me and losing the 500 but that's
how trading works sometimes it works
sometimes it doesn't but either way you
should always try to walk away with a
little bit of money I just paid for
lunch for the day anyway when you sign
up for the trading floor membership it's
a monthly membership it's super cheap
it's 20 GBP per month you get this risk
calculator along with a bunch of other
stuff lots of tutorial videos as well as
the Discord community and if you decide
to cancel there after you get to keep
the risk calculator as a parting gift
and normally risk calculators are
anywhere from 40 to 150 dollars so my
opinion it's super worth it plus you got
a little bit of a inside scoop of how I
trade if you guys want to learn more
about trading check out this
intermediate playlist right here if you
guys enjoyed this type of content make
sure you're smashing the like button and
subscribe if you haven't already thanks
so much for watching and we'll see you
in the next one just so that you guys
can see
um if I would have kept my stop loss
originally where it was at which was
right about this level it would have hit
my take profit but again I don't like
losing money so I kept moving my stop
loss into profit I still made 50 bucks
which is fine with me