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Calculation stop loss of 1% of account per trade on MT5
Yeni Traderlar
içinde
Sep 02, 2023 at 03:01
thanks heaps mate. Appreciate the clarification
Calculation stop loss of 1% of account per trade on MT5
Yeni Traderlar
içinde
Aug 14, 2023 at 04:32
Hi guys I feel a bit stupid typing this as I believe its a very simple calculations but I need to get it right so have to ask. It seems like a very simple calculation but still does my head in. So I've been (spoilt) using Oandas Fxtrade software which automatically calculates the monetary value of every stop loss(e.g. max 1% of account per trade) and and take profit given your leverage before any trade is placed. This makes it very easy to not think in lot sizes and only place trades using units and the actual cash value of your account. Recently i was invited to participate in a trading ...
What leverage do you all use?
Yeni Traderlar
içinde
Sep 08, 2019 at 09:38
i find 1:50 leverage perfect for me. ...and i apply only 1% of my account per trade
What do you wish to achieve through forex?
Yeni Traderlar
içinde
Sep 08, 2019 at 02:34
Forex and commodities can be very exciting. But to me that is not the end goal. My end goal is to (-though forex-) over time have bought a sizeable portfolio of shares and own real estate. i wont be trading forex and commodities forever. during the oil price fall last year. i started with $250 and through high risk(but following the major trend) kept putting in sell orders. one wednesday morning i woke up to the sound off all my sell orders being filled, it was exhilirating and confusing. thinking that i had made $2500 only to realise there was an extra zero at the end. when that happened my c...
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