Exodus 18:1-27: How Moses Take Follow Wisdom from Him Father-in-Law for Judging Israel | Straightway Messages | In Accordance with Biblical Principles!
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Exodus 18:1-27: How Moses Take Follow Wisdom from Him Father-in-Law for Judging Israel

Exodus 18:1-27 show how Moses follow wisdom from him father-in-law Jethro, make him delegate work to judge Israel better.

1. Now Jethro, di priest of Midian, Moses’ father in law, heard of all dat God had done for Moses and for Israel, his people, and how di Lord had brought Israel out of Egypt.

2. Then Jethro, Moses’ father in law, took Zipporah, Moses’ wife, after Moses had sent her back,

3. And her two sons; of which di name of one was Gershom; for he said, "I have been an alien in a strange land."

4. And di name of di other was Eliezer; for he said, "The God of my father was my help, and delivered me from di sword of Pharaoh."

5. And Jethro, Moses’ father in law, came with his sons and his wife unto Moses into di wilderness, where he encamped at di mount of God:

6. And he said unto Moses, "I thy father in law Jethro am come unto thee, and thy wife, and her two sons with her."

7. And Moses went out to meet his father in law, and did obeisance, and kissed him; and they asked each other of their welfare; and they came into di tent.

8. And Moses told his father in law all dat the Lord had done unto Pharaoh and to the Egyptians for Israel's sake, and all dat had befallen them by di way, and how di Lord had delivered them.

9. And Jethro rejoiced for all di goodness which the Lord had done to Israel, whom he had delivered out of di hand of the Egyptians.

10. And Jethro said, "Blessed be di Lord, who hath delivered you out of di hand of the Egyptians, and out of di hand of Pharaoh, who hath delivered di people from under di hand of the Egyptians.

11. Now I know that di Lord is greater than all gods: for in the thing wherein they dealt proudly he was above them."

12. And Jethro, Moses' father in law, took a burnt offering and sacrifices for God: and Aaron came, and all di elders of Israel, to eat bread with Moses' father in law before God.

13. And it came to pass on the morrow, that Moses sat to judge the people: and di people stood by Moses from di morning unto di evening.

14. And when Moses' father in law saw all dat he did to di people, he said, "What is dis thing dat thou doest to di people? Why sittest thou thyself alone, and all di people stand by thee from morning unto evening?"

15. And Moses said unto his father in law, "Because the people come unto me to inquire of God:

16. When they have a matter, they come unto me; and I judge between one and another, and I do make them know the statutes of God, and his laws."

17. And Moses' father in law said unto him, "The thing that thou doest is not good.

18. Thou wilt surely wear away, both thou, and this people that is with thee: for this thing is too heavy for thee; thou art not able to perform it thyself alone.

19. Hearken now unto my voice, I will give thee counsel, and God shall be with thee: Be thou for the people to God-ward, that thou mayest bring the causes unto God:

20. And thou shalt teach them ordinances and laws, and shalt shew them the way wherein they must walk, and the work that they must do.

21. Moreover thou shalt provide out of all di people able men, such as fear God, men of truth, hating covetousness; and place such over them, to be rulers of thousands, and rulers of hundreds, rulers of fifties, and rulers of tens:

22. And let them judge the people at all seasons: and it shall be, that every great matter they shall bring unto thee, but every small matter they shall judge: so shall it be easier for thyself, and they shall bear the burden with thee.

23. If thou shalt do this thing, and God command thee so, then thou shalt be able to endure, and all dis people shall also go to their place in peace."

24. So Moses hearkened to the voice of his father in law, and did all that he had said.

25. And Moses chose able men out of all Israel, and made them heads over the people, rulers of thousands, rulers of hundreds, rulers of fifties, and rulers of tens.

26. And they judged the people at all seasons: the hard causes they brought unto Moses, but every small matter they judged themselves.

27. And Moses let his father in law depart; and he went his way into his own land.

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Forex Lot Size Calculator

Calculate your Forex position size based on account balance, risk percentage, stop loss and pip value.

Enter your current trading account balance.
Enter the percentage of your account you plan to risk.
Enter the Forex pair you want to calculate.
Enter the distance between your entry price and stop loss.
Most non-JPY pairs use 0.0001. Many JPY pairs use 0.01.
Enter the value of one pip for one standard lot in your account currency.

Your Forex Position Size

Recommended Lot Size
0.0000
Risk Amount
0.00 USD
Position Units
0
Mini Lots
0.00
Micro Lots
0.00
Risk Per Pip
0.00 USD

Calculation Method

The result is an estimated position size based on the information entered. Check your broker's minimum lot size, lot-step requirements, pip value and contract specifications before placing a trade.

The Forex Lot Size Calculator helps traders estimate an appropriate position size based on the amount of money they are willing to risk on a trade. Instead of selecting a lot size randomly, you can use your account balance, risk percentage and stop loss distance to calculate a position size that matches your planned risk.

Position sizing is an important part of Forex risk management because the potential loss associated with a position depends on its size and the distance to the stop loss. This calculator provides a straightforward way to estimate your trade size before placing an order.

How to Use the Forex Lot Size Calculator

  • Enter your account balance.
  • Select your account currency.
  • Enter the percentage of your account you plan to risk.
  • Enter the currency pair.
  • Enter the stop loss distance in pips or points.
  • Enter the appropriate pip size.
  • Enter the pip value for one standard lot in your account currency.
  • Select Calculate Lot Size.
  • Review the calculated position size and risk information.

How the Forex Lot Size Calculator Works

The calculator first determines the monetary amount you are willing to risk. It then compares that amount with the potential loss represented by your stop loss distance and the pip value of one standard lot.

The calculator does not claim to have live Forex pricing. Instead, you enter the applicable pip value, allowing the calculation to remain transparent and adaptable to different currency pairs and account currencies.

Forex Lot Size Formula

Risk Amount = Account Balance × Risk Percentage ÷ 100

Lot Size = Risk Amount ÷ (Stop Loss in Pips × Pip Value Per Standard Lot)

The resulting lot size represents the theoretical number of standard lots required to match the monetary risk entered into the calculator.

Example of Forex Lot Size Calculation

Account balance: 10,000 USD
Risk percentage: 1%
Currency pair: EUR/USD
Stop loss: 50 pips
Pip value: 10 USD per pip per standard lot

Risk Amount:
10,000 × 1% = 100 USD

Lot Size:
100 ÷ (50 × 10) = 0.20 standard lots

Understanding Your Result

The recommended lot size is the estimated standard-lot position based on the values entered. If the stop loss becomes wider while your account risk remains unchanged, the calculated position size generally becomes smaller.

The risk amount shows the amount of account currency represented by the selected risk percentage. Position units show the approximate number of currency units represented by the calculated standard-lot position.

A standard lot is commonly 100,000 currency units. A mini lot is 10,000 units and a micro lot is 1,000 units. Broker specifications can differ, so confirm the contract size and available lot increments before trading.

Common Mistakes When Calculating Forex Lot Size

  • Entering an incorrect pip value.
  • Confusing points with pips.
  • Using the wrong pip size for a JPY pair.
  • Ignoring broker minimum and maximum lot requirements.
  • Forgetting commissions and spreads.
  • Ignoring possible slippage.
  • Increasing risk after a losing trade to recover losses.
  • Assuming a calculated position size guarantees a particular result.

Useful Forex Risk Management Tips

  • Decide how much you are prepared to risk before calculating your position size.
  • Use the actual stop loss distance planned for the trade.
  • Verify the pip value for the specific pair and account currency.
  • Check your broker's contract specifications.
  • Consider spreads, commissions and slippage.
  • Use position sizing as part of a broader trading and risk management plan.

Conclusion

A Forex Lot Size Calculator makes position sizing easier by connecting account balance, risk percentage, stop loss distance and pip value in one calculation. This can help traders understand their planned exposure before entering a position.

The calculated value is an educational estimate rather than a trading recommendation. Always verify the pip value, contract size, lot increment and other trading conditions with your broker before placing an order.

Frequently Asked Questions

What is a Forex lot size?
A Forex lot size represents the quantity of currency units in a trade. A standard lot is commonly 100,000 units, while a mini lot represents 10,000 units and a micro lot represents 1,000 units.
How does risk percentage affect my lot size?
Increasing the risk percentage increases the monetary amount being risked and generally increases the calculated position size when the other inputs remain unchanged.
Why do I need to enter the pip value?
Pip value can vary according to the currency pair, position size and account currency. The manual input prevents the tool from presenting invented or outdated market data as live information.
Does this Forex lot size calculator use live prices?
No. This standalone Blogger tool does not connect to a live Forex data provider. The pip value is entered manually. A legitimate broker or market-data API can be connected if live calculations are required.
Can I calculate lot size for JPY pairs?
Yes. Many JPY pairs use 0.01 as the conventional pip size rather than 0.0001. Verify the correct pip value and contract specifications with your broker.
Forex Risk Disclaimer

Forex trading involves substantial risk and may not be suitable for everyone. This calculator is provided for educational and informational purposes only. It does not provide financial, investment or trading advice and does not guarantee profits or prevent losses. Actual trading results can differ because of spreads, commissions, slippage, market conditions, execution prices and broker specifications. Always verify calculations with your broker before placing a trade.
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Straightway Messages | In Accordance with Biblical Principles!: Exodus 18:1-27: How Moses Take Follow Wisdom from Him Father-in-Law for Judging Israel
Exodus 18:1-27: How Moses Take Follow Wisdom from Him Father-in-Law for Judging Israel
Exodus 18:1-27 show how Moses follow wisdom from him father-in-law Jethro, make him delegate work to judge Israel better.
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Straightway Messages | In Accordance with Biblical Principles!
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