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100
PIPS: Stop Loss
to recalculate: enter any nu Total Pips +et oer 100 tra#es:
PIPS: Take Profit
200
5
!isk to !e !e"ar# !a !atio
200$00%
5
Starting &'uity
Theoretical Target +umber ins per 100 Tra#es
*0
5
&n#ing &'uity #aptie Positioning
(1*)*51
5
&'uity hange #aptie Positioning
**$51%
ctual +umber ins ins Sho"n per 100 Tra#es
300
(10)000
100 Trade rades s in Ran Random dom Orde Orderr of Wins and Loss Losses es (redi (redistri stribute buted d each each ti ti
ADAPTIVE POSITION SIZING
Tra#e +umber
!esult 1 2 3 * 5 / . 10 11 12 13 1* 15 1/ 1. 1 120 21 22 23 2* 25
"in loss loss loss "in "in loss loss loss loss loss "in loss "in "in "in loss loss loss loss loss "in loss loss "in
Pips 4aine# or Lost 200 ,100 ,100 ,100 200 200 ,100 ,100 ,100 ,100 ,100 200 ,100 200 200 200 ,100 ,100 ,100 ,100 ,100 200 ,100 ,100 200
Profit or Loss 200$00 ,102$00 ,100$- ,--$-. 1-.$-* 201$-0 ,102$-. ,101$-* ,100$-2 ,--$-1 ,-$-1 1-5$* ,--$ 1-.$./ 201$.2 205$.5 ,10*$-3 ,103$,102$5 ,101$2 ,100$0 1--$5 ,101$.,100$.. 1--$52
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!unning +e6t Lot Si7e alance 8a#aptie9 (10)000 0$10 (10)200 0$10 (10)0- 0$10 (-)--. 0$10 (-)-. 0$10 (10)0-5 0$10 (10)2-. 0$10 (10)1-* 0$10 (10)0-2 0$10 (-)--1 0$10 (-)-1 0$10 (-).-2 0$10 (-)- 0$10 (-) 0$10 (10)0/ 0$10 (10)2 0$10 (10)*-3 0$10 (10)30$10 (10)25 0$10 (10)12 0$10 (10)00 0$10 (-)-.0$10 (10)1.0$10 (10)0.. 0$10 (-)-./ 0$10 (10)1./ 0$10
www.ForexSmartTools.com 2/ 2. 2 230 31 32 33 3* 35 3/ 3. 3 3*0 *1 *2 *3 ** *5 */ *. * *50 51 52 53 5* 55 5/ 5. 5 5/0 /1 /2 /3 /* /5 // /. / /.0 .1 .2 .3 .* .5
loss "in loss loss loss loss "in "in "in "in "in "in "in "in loss loss loss loss loss "in "in loss loss loss "in loss "in loss "in loss "in "in loss loss loss "in "in "in loss "in loss loss loss loss loss loss loss loss "in loss
,100 200 ,100 ,100 ,100 ,100 200 200 200 200 200 200 200 200 ,100 ,100 ,100 ,100 ,100 200 200 ,100 ,100 ,100 200 ,100 200 ,100 200 ,100 200 200 ,100 ,100 ,100 200 200 200 ,100 200 ,100 ,100 ,100 ,100 ,100 ,100 ,100 ,100 200 ,100
,101$./ 201$* ,102$.5 ,101$.3 ,100$.1 ,--$.0 1-.$*1 201$3/ 205$320-$*213$/ 21.$-/ 222$32 22/$./ ,115$/5 ,11*$*,113$35 ,112$21 ,111$021-$-/ 22*$3/ ,11*$*2 ,113$2 ,112$15 222$05 ,113$25 22*$23 ,11*$3/ 22/$*3 ,115$* 22$/* 233$22 ,11$-* ,11.$.5 ,11/$5. 230$2 235$*3 2*0$1* ,122$*. 2*2$*,123$/. ,122$** ,121$21 ,120$00 ,11$0 ,11.$/1 ,11/$*3 ,115$2. 22$2* ,11/$*0
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(10)0.* (10)2.5 (10)1.3 (10)0.1 (-)-.0 (-).1 (10)0/ (10)2/(10)*.5 (10)/* (10)- (11)11/ (11)33 (11)5/5 (11)**(11)335 (11)221 (11)10(10)-- (11)21 (11)**2 (11)32 (11)215 (11)103 (11)325 (11)211 (11)*3/ (11)321 (11)5* (11)*32 (11)//1 (11)-* (11)..5 (11)/5. (11)5*1 (11)..2 (12)00. (12)2*. (12)125 (12)3/. (12)2** (12)121 (12)000 (11)0 (11)./1 (11)/*3 (11)52. (11)*12 (11)/*0 (11)52*
0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$11 0$11 0$11 0$11 0$12 0$11 0$11 0$11 0$11 0$11 0$11 0$11 0$11 0$11 0$11 0$11 0$11 0$11 0$11 0$12 0$11 0$12 0$12 0$12 0$12 0$12 0$12 0$12 0$12 0$12 0$12 0$12 0$12 0$12 0$12 0$12 0$12 0$12 0$11 0$12 0$12
www.ForexSmartTools.com ./ .. . .0 1 2 3 * 5 / . -0 -1 -2 -3 -* -5 -/ -. - -100 +et Pips
"in "in "in "in "in loss "in "in loss loss "in loss loss loss "in "in "in "in loss "in "in loss "in loss "in
200 200 200 200 200 ,100 200 200 ,100 ,100 200 ,100 ,100 ,100 200 200 200 200 ,100 200 200 ,100 200 ,100 200
230$*. 235$0 23-$. 2**$5 2*-$*. ,12.$23 251$-2 25/$-5 ,131$05 ,12-$.* 25/$ ,131$01 ,12-$.0 ,12$*0 25*$23 25-$32 2/*$50 2/-$.,13.$52.2$** 2..$,1*1$.2 20$/1 ,1*3$11 23$3/
(11).5* (11)-(12)22(12)*.* (12).23 (12)5-/ (12)* (13)105 (12)-.* (12)** (13)101 (12)-.0 (12)*0 (12).12 (12)-// (13)225 (13)*-0 (13).5(13)/22 (13)-* (1*)1.2 (1*)030 (1*)311 (1*)1/ (1*)*51
0$12 0$12 0$12 0$12 0$13 0$13 0$13 0$13 0$13 0$13 0$13 0$13 0$13 0$13 0$13 0$13 0$13 0$1* 0$1* 0$1* 0$1* 0$1* 0$1* 0$1* 0$1*
300
RISK DISCLOSUREForex is an unpredictable business, and entering and exiting the correct position si!e and le"erage, are #our coplete responsibilit#$ %rading &oreign o& ris', and a# not be suitable &or all in"estors$ %he high degree o& le"erage can w (e&ore deciding to trade &oreign exchange #ou should care&ull# consider #our onet ris' appetite$ %he possibilit# exists that #ou could sustain a loss o& soe or all o& #o should not speculate with capital that #ou cannot a&&ord to lose$ *ou should be awar exchange trading, and see' ad"ice &ro an independent ad"isor i& #ou ha"e an# do &uture results$ I-L*- LLC, dba Forex %rade Logs, and its a&&iliates assue no resp oissions in these aterials$ %he# do not warrant the accurac# or copleteness o& other ites contained within these aterials or within the tools it a'es a"ailable$ its a&&iliates shall not be liable &or an# special, indirect, incidental, or conse.uential d losses, lost re"enues, or lost pro&its that a# result &ro these aterials$ Use o& %h this wor'sheet does not protect #ou &ro incurring losses, and no guarantees are i& #ou use these tools$ %his is not a solicitation to bu# or sell currenc# or &utures$
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www.ForexSmartTools.com inning Streaks
ber into a grey cell to the left
!isk %
1$0%
;a6imum
losses &n#ing &'uity =i6e# Positioning
(13)00
&'uity hange =i6e# Positioning
3$00%
5*
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( 1)/00$00 (
800$009
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23
22
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FIXED POSITION SIZING
Profit or Loss 200$00 ,100$00 ,100$00 ,100$00 200$00 200$00 ,100$00 ,100$00 ,100$00 ,100$00 ,100$00 200$00 ,100$00 200$00 200$00 200$00 ,100$00 ,100$00 ,100$00 ,100$00 ,100$00 200$00 ,100$00 ,100$00 200$00
!unning +e6t Lot Si7e alance 8fi6e#9 (10)000 0$10 (10)200 0$10 (10)100 0$10 (10)000 0$10 (-)-00 0$10 (10)100 0$10 (10)300 0$10 (10)200 0$10 (10)100 0$10 (10)000 0$10 (-)-00 0$10 (-)00 0$10 (10)000 0$10 (-)-00 0$10 (10)100 0$10 (10)300 0$10 (10)500 0$10 (10)*00 0$10 (10)300 0$10 (10)200 0$10 (10)100 0$10 (10)000 0$10 (10)200 0$10 (10)100 0$10 (10)000 0$10 (10)200 0$10
inning
1 1 1
1 1 1 1 1 1
1 1 1 1 1 1 1
Page 4
inning Streak
Losing (0 10000 0 0 0 --00 --00 0 0 0 0 0 -00 0 --00 --00 --00 0 0 0 0 0 10000 0 0 10000
(0 0 10200 10200 10200 0 0 10300 10300 10300 10300 10300 0 10000 0 0 0 10500 10500 10500 10500 10500 0 10200 10200 0
0 200 0 0 0 0 *00 0 0 0 0 0 200 0 0 0 /00 0 0 0 0 0 200 0 0
www.ForexSmartTools.com ,100$00 200$00 ,100$00 ,100$00 ,100$00 ,100$00 200$00 200$00 200$00 200$00 200$00 200$00 200$00 200$00 ,100$00 ,100$00 ,100$00 ,100$00 ,100$00 200$00 200$00 ,100$00 ,100$00 ,100$00 200$00 ,100$00 200$00 ,100$00 200$00 ,100$00 200$00 200$00 ,100$00 ,100$00 ,100$00 200$00 200$00 200$00 ,100$00 200$00 ,100$00 ,100$00 ,100$00 ,100$00 ,100$00 ,100$00 ,100$00 ,100$00 200$00 ,100$00
(10)100 (10)300 (10)200 (10)100 (10)000 (-)-00 (10)100 (10)300 (10)500 (10).00 (10)-00 (11)100 (11)300 (11)500 (11)*00 (11)300 (11)200 (11)100 (11)000 (11)200 (11)*00 (11)300 (11)200 (11)100 (11)300 (11)200 (11)*00 (11)300 (11)500 (11)*00 (11)/00 (11)00 (11).00 (11)/00 (11)500 (11).00 (11)-00 (12)100 (12)000 (12)200 (12)100 (12)000 (11)-00 (11)00 (11).00 (11)/00 (11)500 (11)*00 (11)/00 (11)500
0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10
1 1 1 1 1
1 1 1 1 1
1 1 1 1 1 1
1 1 1
1 1 1 1 1 1 1 1 1 1
Page 5
0 10100 0 0 0 0 --00 --00 --00 --00 --00 --00 --00 --00 0 0 0 0 0 11000 11000 0 0 0 11100 0 11200 0 11300 0 11*00 11*00 0 0 0 11500 11500 11500 0 12000 0 0 0 0 0 0 0 0 11*00 0
10200 0 10300 10300 10300 10300 0 0 0 0 0 0 0 0 11500 11500 11500 11500 11500 0 0 11*00 11*00 11*00 0 11300 0 11*00 0 11500 0 0 1100 1100 1100 0 0 0 12100 0 12200 12200 12200 12200 12200 12200 12200 12200 0 11/00
200 0 200 0 0 0 0 0 0 0 0 0 0 0 1/00 0 0 0 0 0 0 *00 0 0 0 200 0 200 0 200 0 0 *00 0 0 0 0 0 /00 0 200 0 0 0 0 0 0 0 0 200
www.ForexSmartTools.com 200$00 200$00 200$00 200$00 200$00 ,100$00 200$00 200$00 ,100$00 ,100$00 200$00 ,100$00 ,100$00 ,100$00 200$00 200$00 200$00 200$00 ,100$00 200$00 200$00 ,100$00 200$00 ,100$00 200$00
(11).00 (11)-00 (12)100 (12)300 (12)500 (12)*00 (12)/00 (12)00 (12).00 (12)/00 (12)00 (12).00 (12)/00 (12)500 (12).00 (12)-00 (13)100 (13)300 (13)200 (13)*00 (13)/00 (13)500 (13).00 (13)/00 (13)00
0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10 0$10
1
1 1 1 1 1
1
1 1
ctual trade, as well as deterining exchange on argin carries a high le"el r' against #ou as well as &or #ou$ r# ob)ecti"es, le"el o& experience, and r deposited &unds and there&ore #ou o& all the ris's associated with &oreign bts$ +ast returns are not indicati"e o& nsibilit# &or errors, inaccuracies or he in&oration, text, graphics, lin's or I-L*- LLC, dba Forex %rade Logs and aages, including without liitation, Calculator and/or %he %rade Log or ade or iplied that losses will not occur
Page 6
11500 11500 11500 11500 11500 0 12*00 12*00 0 0 12/00 0 0 0 12500 12500 12500 12500 0 13200 13200 0 13500 0 13/00 0
0 0 0 0 0 12500 0 0 1200 1200 0 1200 1200 1200 0 0 0 0 13300 0 0 13/00 0 13.00 0 1300
0 0 0 0 0 1000 0 0 *00 0 0 200 0 0 0 0 0 0 00 0 0 *00 0 200 0 200
www.ForexSmartTools.com
ra"#o"n 0 0 0 0 ,300 0 0 0 0 0 0 ,500 0 ,100 0 0 0 0 0 0 0 ,500 0 0 ,200
Successie inners
Successie Losers 0 1 0 0 0 1 2 0 0 0 0 0 1 0 1 2 3 0 0 0 0 0 1 0 0 1
0 0 1 2 3 0 0 1 2 3 * 5 0 1 0 0 0 1 2 3 * 5 0 1 2 0
Page 7
www.ForexSmartTools.com 0 ,100 0 0 0 0 ,*00 0 0 0 0 0 0 0 0 0 0 0 0 ,500 0 0 0 0 ,300 0 ,100 0 ,100 0 ,100 0 0 0 0 ,300 0 0 0 ,100 0 0 0 0 0 0 0 0 ,00 0
0 1 0 0 0 0 1 2 3 * 5 / . 0 0 0 0 0 1 2 0 0 0 1 0 1 0 1 0 1 2 0 0 0 1 2 3 0 1 0 0 0 0 0 0 0 0 1 0
1 0 1 2 3 * 0 0 0 0 0 0 0 0 1 2 3 * 5 0 0 1 2 3 0 1 0 1 0 1 0 0 1 2 3 0 0 0 1 0 1 2 3 * 5 / . 0 1
Page 8
www.ForexSmartTools.com ,100 0 0 0 0 0 ,100 0 0 0 ,200 0 0 0 ,300 0 0 0 0 ,100 0 0 ,100 0 ,100 0
1 2 3 * 5 0 1 2 0 0 1 0 0 0 1 2 3 * 0 1 2 0 1 0 1 0
0 0 0 0 0 1 0 0 1 2 0 1 2 3 0 0 0 0 1 0 0 1 0 1 0 1
Page 9
Notes & Instrct!ons
http:<<"""$=ore6SmartTools$com< !isk to !e"ar# an# in,To,Loss ratio are completely intert"ine#) an# in this sprea#sheet you can t Looking at one measurement "ithout the other is meaningless$ ut "hen you look at both together) !isk to !e"ar# can be less than 100% if the "inning ratio is high$ If the "inning ratio is belo" 50% >n the sprea#sheet) you may mo#ify all the 5 bo6es highlighte# in yello"$ The sprea#sheet creates 100 tra#es in a ran#om or#er of "ins an# losses) appro6imately e'ualing &ach time you re,calculate the sheet a ne" ran#om or#er is generate#) "ith more or less "ins an# l The results of the tra#es aries oer time) #epen #ing on the "in percentile$ The results "ill also ary for the a#aptie position si7ing returns) because position si7e is calculate# ompare the #ifference bet"een a#aptie position si7ing an# fi6e# position si7ing$ >er time) a#ap The =ore6 Smart Tools alculator makes a#aptie position si7ing easy to #o$ atch the tutorial i# +otice that the take profit assumes that the entire position runs for the full target) as oppose# to taki Scaling out can significantly alter these results$ If you scale out) make sure you use >!?I+4 PI 8See the ;oney ;anagement i#eos in the Smart Tools @i#eo Library for more information about
RISK DISCLOSUREForex is an unpredictable business, and entering and exiting the act si!e and le"erage, are #our coplete responsibilit#$ %rading &oreign exchange on argi suitable &or all in"estors$ %he high degree o& le"erage can wor' against #ou as well as & #ou should care&ull# consider #our onetar# ob)ecti"es, le"el o& experience, and ris' a sustain a loss o& soe or all o& #our deposited &unds and there&ore #ou should not spec *ou should be aware o& all the ris's associated with &oreign exchange trading, and see' an# doubts$ +ast returns are not indicati"e o& &uture results$ I-L*- LLC, dba Forex %r responsibilit# &or errors, inaccuracies or oissions in these aterials$ %he# do not warr in&oration, text, graphics, lin's or other ites contained within these aterials or wit Forex %rade Logs and its a&&iliates shall not be liable &or an# special, indirect, incidental, liitation, losses, lost re"enues, or lost pro&its that a# result &ro these aterials$ Us wor'sheet does not protect #ou &ro incurring losses, and no guarantees are ade or i tools$ %his is not a solicitation to bu# or sell currenc# or &utures$
Page 1"
Notes & Instrct!ons
est #ifferent combinations to proe this to yourself$ ) you can learn so much$ ) then the risk to re"ar# must be much greater than 100
he number of "ins to losses that you target$ losses an# a #ifferent or#ering$
ane" before each tra#e is place#$ tie position si7ing generally results in much greater profi os "e proi#e for more information about this$ ng part of a position out at a partial target 8scaling out9$ S as your aerage take profit target$ orking Pips A or rea# ne"sletter olume 1/9
al trade, as well as deterining correct position n carries a high le"el o& ris', and a# not be r #ou$ (e&ore deciding to trade &oreign exchange petite$ %he possibilit# exists that #ou could late with capital that #ou cannot a&&ord to lose$ ad"ice &ro an independent ad"isor i& #ou ha"e de Logs, and its a&&iliates assue no nt the accurac# or copleteness o& the in the tools it a'es a"ailable$ I-L*- LLC, dba or conse.uential daages, including without e o& %he Calculator and/or %he %rade Log or this plied that losses will not occur i& #ou use these
Page 11
