Do not assume every pip is worth the same
Pip value depends on pair, contract size and account currency. Enter the value your broker shows for one standard lot in your account currency. A JPY pair, cross pair or non-USD account can change the conversion; a fixed ten-unit assumption is not universal.
Risk starts at the fill
A published stop distance often ignores the actual entry spread and the possibility of slippage at both ends. Add an adverse round-trip estimate to the stop distance. During news or low-liquidity periods, actual loss can exceed a stop-based estimate if the market gaps through the order.
Keep contest records in their lane
A competition result can establish a trader's placing in a defined division. It does not tell a subscriber which lot size is suitable for their account. Compare the signal's invalidation level with your broker's executable quote and your own risk cap before following it.
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