Trade what you see, not what you think.
At what lot size/account size do you have scale issues? 39 replies
Which would you prefer: increasing lot size or TP size? 21 replies
Best leverage and lot size for $1000 deposit 54 replies
Lot size, contract size, max position ? 1 reply
BUY run profit 1 lot, SELL LIMIT 2 LOT down again n BUY 1 lot - EA Reqd 5 replies
Quoting philmcgrewDislikedA mini account is $1 per pip. Leverage determines how much margin you have to put up to trade that contract. In your case it should be $50 which is 1/200th of a mini contract ($10,000)Ignored
Quoting cre666DislikedCorrect me if I'm wrong (I've never traded live), but that means that he can sustain a drop of only 50 pips in this trade, because once he's trade will be 50 pips down his IB will close his deal (since the IB will not risk HIS money on this trade).
Right?Ignored
Quoting philmcgrewDislikedA mini account is $1 per pip. Leverage determines how much margin you have to put up to trade that contract. In your case it should be $50 which is 1/200th of a mini contract ($10,000)Ignored
Quoting philmcgrewDislikedThat is not correct. He has to put aside $50 as good faith. He is still welcome to lose the remainder of his accout in pursuit of profit.Ignored
Quoting cre666DislikedSorry for the bother, I just need to set it straight for one and for all,
If I use a 1:100 leverage, (and lets just assume for the sake of urgument that I make a trade of 100$) that means that for every $ I put, the broker puts 999$, so I can make a purchas of 100$ with only 1$. so far so good.
When my pips will go down (and they will, at least unless I'll be able to get proper aducation on the matter) the first 1% of the loss is all mine (1% is translated to 10 pips, am I right?). after I've lost it, the broker must get out of the deal, since the rest 99% of the funds are all his/hers...
Or will he deduct it from the total amount of equity and stop the feast only once my account runs dry (looking at it globally, not in the "per trade" manner I thought he would)?Ignored