RavandFXMT5 Trade Manager

Guides

Forex risk and money management guides

Short, practical guides on the part of trading that decides whether your account survives: how much to risk, how big to trade, and how to stick to your own rules.

Free tool

Lot size calculator for forex and gold

Get the right position size from your balance, risk % and stop loss, for forex pairs and gold.

Free tool

MT5 Risk Management Simulator

Try every RavandFX feature on a live simulated gold chart, with your own money-management rules. No install, no risk.

Money management · 4 min read

Forex money management: 7 rules that protect your account

Seven forex money management rules that keep a trading account alive: risk per trade, position sizing, stop losses, daily loss limits and more.

Backtesting · 3 min read

Manual backtesting in the MT5 Strategy Tester

How to backtest a manual trading strategy in the MetaTrader 5 Strategy Tester: visual mode setup, trading by hand, money management and reading your results.

Position sizing · 2 min read

How to calculate lot size in forex and gold

Calculate the right lot size step by step: risk in dollars, stop distance, pip value and the formula, with EURUSD, USDJPY and gold examples.

Prop firms · 3 min read

Prop firm daily loss limit: how not to break it

How prop firm daily loss limits work, why traders break them, and a simple plan with numbers to stay safely inside the limit every day.

Trading psychology · 3 min read

Revenge trading: why it happens and how to stop it

What revenge trading looks like, why it is so hard to resist after a loss, and six practical rules that stop it before it costs you the account.

Trade management · 2 min read

Breakeven stop loss: when to move it, and when not to

When to move your stop loss to breakeven, why the real breakeven includes costs, and how to avoid getting stopped out too early.