Hello all
I would like to know how you calculate lot value to any given currency.
For example, what would the formula be for:
Mini account
$1000 capital
total lot value i want to risk (or 5%) $50.
thanks
I would like to know how you calculate lot value to any given currency.
For example, what would the formula be for:
Mini account
$1000 capital
total lot value i want to risk (or 5%) $50.
thanks