Certainly, you now have the flexibility to switch between the “Lots” and “Risk%” options for your Market Scan settings. This adjustment can be made for both your personal trading account and your ATW Education Account, based on your individual preferences and trading circumstances.
Trading accounts valued at SGD 1,000 and will only be seeing the “Lots” setting. On the other hand, if your trading account exceeds SGD 2,500, the “Risk%” option will be made available.
It’s important to note that opting for “Risk%” is particularly beneficial for accounts with larger balances. This is due to the fact that when placing trades, the calculation of risk at 1% across various currency pairs, each with distinct Stop Loss values in pips, can yield different lot sizes. The “Risk%” option within our Market Scan is designed to account for this variation and accurately calculate the lot size in accordance with the specific stop loss distance, as taught in our strategy.
Should you wish to adjust the setting to be able to select either “Risk%” or “Lots”, kindly send us an email. We will promptly adjust the setting for you within the next 24 business hours. This ensures that your Market Scan aligns seamlessly with your chosen risk management approach.
In summary, whether you choose “Lots” or “Risk%”, the decision should align with your trading account size and risk management preferences. Both options are available to cater to your specific needs, ensuring that your trading experience is optimized according to your individual circumstances. Feel free to adjust the setting as needed to align with your trading strategy and goals.