Member Since Nov 21, 2009 9 posts
Apr 07 2012 at 18:11
Thank you for the service.
Maybe Myfxbook can add a trade calculator that can be used to calculate position sizing based on percentage of equity that can be lost.
For example : i want to trade EURUSD - i have capital USD3000 - willing to lose only 5% of capital - stop loss set at 50 pips - what trade size should i open?
the calculator should be able to give me the value since it already have up to date data on capital in my account and the current price of the pair.
thanks again for the wonderful service.