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How to calculate the capital used for first entry
Jul 11, 2015 at 08:26
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2 Replies
Jul 11, 2015 at 08:26
Does anyone have a way to calclulate an entry for scaletrading ? I would like to know if anyone have a smart way of calculated the right entry size for scaletrading. If i buy a currency pair at a given price and i want to add to the position with the same amount at each trade does anyone have a smart way to calculate how many times i can add if my starting lot is xxx. I would like to find out at what lvl i will be at a loss of 25 pct of my capital. Or at what lot size i will have lost 10 pct and how many times i have added and how many percent the price have moved from my entry price.
Tnx in advance
Tnx in advance
forex_trader_29148
Member Since Feb 11, 2011
1768 posts
Jul 11, 2015 at 17:59
(edited Jul 11, 2015 at 17:59)
figure out the stop loss in pips and money and never more than 2 or 3 % per trade,adjust your lot size from that point
Member Since Jul 12, 2015
1 posts
Jul 12, 2015 at 06:35
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