Hi, I am having trouble to calculate how much lot can be used with any given strategy or system. For example if I have this kind of strategy:
Micro Account: 1000USD
Risk per trade: 2% which is 20$
TP=100
SL=50
How much lots it has to be? I use InterbankFX which has micro account.
Also I would like to learn for MINI account as well. please help
Thank you very much in advance
Micro Account: 1000USD
Risk per trade: 2% which is 20$
TP=100
SL=50
How much lots it has to be? I use InterbankFX which has micro account.
Also I would like to learn for MINI account as well. please help
Thank you very much in advance