How to place & close trades on Meta Trader 4 TUTORIAL Click "Trade" on the bottom menu Step 1: Click the currency pair at the top Step 2: Enter the lot size amount Step 3: Calculate your lot size via myfxbook How do I choose a lot size? Currency Pair; Account Currency Account Size Risk Amount (Here at Charty, we never risk more than 1% per trade) Stop Loss in Pips We reccomend that you calculate your lot size via a position calculator. You can use MyFxBook position calculator to do this. You need to enter the; and the trade size should be set to "1" as default Calculate your lot size via myfxbook How do I choose a lot size? Once you click "calculate" a pop up will come underneath. You need to utilise the "sizing" as the lot size. In this example the lot size would be "0.02" Enter the stop loss price Step 4: Choose if you want to buy or sell Step 5: You don't need to change this Step 6: You successfully placed a trade Step 7: How to close the trade Step 8: Swipe on the trade and click the tick Step 9: You successfully closed the trade Step 10: FAQ What is a stop loss? What is a take profit? What is a lot size? How do I choose a lot size? Stop-loss orders are placed by traders either to limit risk and to protect a portion of capital. A take profit is an instruction to close a trade at a specific rate to ensure your profit is realized and goes to your available balance. A lot size in refers to the size of a trade or the amount that a trader trades at any given time. You should choose a lot size suitable for your risk apetite. Here at Charty we risk 1% max per trade. You can calculate what size should use with a risk calculator. We reccomend the following: https://www.myfxbook.com/forex- calculators/position-size Need more help? If you need more help, our trading coach is always available to assist you with any questions. You can contact them on; www.t.me/ChartySupport