Why would you care about your forex position size?



Your position matters a lot more in forex than it does in you know which area of your life. If you're holding a long position (i.e. you bought a currency) in a down market, or you're holding a short position (i.e. you sold a currency) in an upmarket, you're in dire straits.

Your position size is even more important than you know which size as it helps determine how quickly you will part with your money on the forex market. It's not the same to risk $200 out of a $20,000 account, as it is to risk $200 out of a $2,000 account. Of course, every forex broker like Saxo Bank has a different minimum deposit requirement.