If I have 100k in the account 2% of that is $2,000. How do I figure units to trade with on GBP/USD in Oanda? Can I take the units available and divide by 2% ?? GBP/USD units = 2,700,000
Oh great post, that answers it. If im in on 1 trade per day. I only want to risk 2% of my total balence. I guess back to question before. Im using the Oanda system and I want to be able to figure out 2% of my balence. Since they use units I was ...
Ok so what im trying to do is just make sure that Im not risking alot of my own capital on one trade. I thought 6% was a good low number. Maybe I should be lower like 2%. The demo account has 100k and I want to only risk 2-6% on one trade. Not ...