GBP/JPY Lot Size Calculator for Funded Trading Plus

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GBPJPY is one of the most volatile major pairs, making position sizing critical due to its 150-pip average daily range. This wide range means you need larger stop losses than EUR/USD or GBP/USD - typically 40-80 pips depending on your timeframe. The $9.10 pip value is higher than most majors, so your position sizes will be smaller for the same risk amount. For a worked example on a $100k Funded Trading Plus account: At 1% risk ($1,000), with a 60-pip stop loss, you'd calculate: $1,000 ÷ (60 × $9.10) = 0.18 lots. At 2% risk ($2,000), same stop loss gives you 0.37 lots. Always round down to avoid exceeding your risk limits. The pair's volatility actually suits prop trading well - the 150-pip daily range provides plenty of movement to hit profit targets while the 4% daily loss limit gives you breathing room for 2-4 trades at 1% risk each. However, avoid oversizing just because you see big moves. GBPJPY can gap significantly during London open or on Bank of England announcements. Key considerations: This pair moves in larger chunks than other majors, so your stop losses need to account for normal volatility. Don't place stops closer than 30-40 pips unless you're scalping. The higher pip value means fewer lots but each pip movement has more dollar impact. With Funded Trading Plus's 6% max drawdown, you could theoretically take six 1% risk trades simultaneously, but the correlated nature of GBP pairs makes this dangerous - stick to 2-3% total exposure across all GBP positions to avoid account-ending drawdowns during major GBP news events.

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