FOREXGODTRADING COMMUNITY

Hit +50 pips? Lock it in.

Take half your profit and make the rest of the trade risk-free, using the MetaTrader 5 (MT5) app on your phone.

Step 1: open MT5, tap the Trade tab, press and hold your trade, tap Close position

Step 2: type half your lot size into Volume, tap Close with profit

Step 3: press and hold the trade, tap Modify position, type your entry price into Stop Loss, tap Modify

Work out your lot size →

Gold lot size calculator

Pick what you want to know, then enter the stop loss from the signal.

Your lot size0.10

Money at risk$50.00

Value per pip$1.00

For gold (XAUUSD), 1 pip = $0.10 price move, so 1.00 lot = $10 per pip. Lot size is rounded down to 0.01. Check your broker uses 100oz per lot. Keep risk at 1–2% per trade.

How to lock in profit at +50 pips →