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Order Management (Default Lot Size)
This section only applies to the Order Management panel for creating manual orders. The settings you
set here will be the default lot size settings every time you open the Order Management panel. To open
the Order Management panel, you can click the Buy and Sell buttons on the main dashboard.
Lot Size Calculation Type – allows to change the default lot size calculation for Order Management.
• Manual Lot Size – allows you to manually specify the lot size per trade.
• Risk % Per Trade – allows you to automatically calculate your lot size based on your risk
percentage per trade. E.g., If you set this at 1, then it will automatically calculate the lot size of a
trade so that it will only risk 1% of your account.
• Risk Amount Per Trade – allows you to automatically calculate your lot size based on the
amount you are willing to risk per trade. E.g., If you want to only risk $100 on a trade, then you
can enter 100 and it will automatically calculate the lot size so that it will only risk $100 on a
trade.
Please note that if you are using automatic lot size option, then the size of your lot size will be
dependent on the size of your SL. E.g. A trade with a stop loss of 20 pips will have a higher lot size than
an SL with 50 pips but both will risk the same amount or percentage.
Manual Lot Size – enter the lot size on this input if the lot size calculation is set to “Manual Lot Size”.
Risk Percentage Per Trade – this is your risk percentage to automatically calculate the lot size if the lot
size calculation is set to “Risk % Per Trade”. Example, if you want to risk 1% per trade, then enter 1.0 on
this input.
Risk Amount Per Trade – you can enter a specific amount in your account’s currency to risk per trade.
The lot size calculation must be “Risk Amount Per Trade” for this input to work. Example, if your
accounts currency is in USD and you enter 50 on this input, it means it will risk $50 USD per trade.
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