How can I calculate the optimal lotSize for 5 trades?
For example: EUR/USD, leverage 500:1, TP/SL 50 pips, free margin 5000 dollar, open price 1.1900.
If I do $ 5000= (lots for 5 trades + 50 pips SL for 5 trades)/5
- 50 SL for 5 trades=50 pips * 10 pipvalue * ? lotsize
result: ?= 50 * 10 * ?
- lots for 5 trades= (5000 - 50 SL for 5 trades)/5
result: ? = 5000-?/5
Then I cannot calculate it. Can anyone help me?
For example: EUR/USD, leverage 500:1, TP/SL 50 pips, free margin 5000 dollar, open price 1.1900.
If I do $ 5000= (lots for 5 trades + 50 pips SL for 5 trades)/5
- 50 SL for 5 trades=50 pips * 10 pipvalue * ? lotsize
result: ?= 50 * 10 * ?
- lots for 5 trades= (5000 - 50 SL for 5 trades)/5
result: ? = 5000-?/5
Then I cannot calculate it. Can anyone help me?
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