Risk Calculator USD/NOK
Adds spread to your stop loss distance for more conservative sizing
Using estimated rate
Calculate risk for USD/NOK
Inputs
Calculate maximum risk
$25,000 × 1.5%
= $375.00
Calculate safe lot size
$375.00 ÷ (40 × $10.00)
= 0.94 lots
When assessing USD/NOK risk: USD/NOK uses standard 4-decimal pricing where one pip equals 0.0001. This exotic pair has wider spreads (30-45 pips) due to lower trading volume.
Frequently Asked Questions
How much can I lose per pip trading USD/NOK?
Your loss per pip on USD/NOK equals your lot size × pip value. For 1 standard lot (100,000 units), each pip movement equals approximately $10 for USD-quoted pairs.
What is a safe stop loss distance for USD/NOK?
Stop loss distance for USD/NOK depends on market structure and volatility. As a exotic pair, USD/NOK typically sees daily ranges that should inform your stop placement.
How do I limit risk when trading USD/NOK?
Limit USD/NOK risk by: 1) Using proper position sizing (1-2% per trade), 2) Always setting stop losses, 3) Avoiding trading during high-impact news affecting USD or NOK.