If I happen to

What happens if I

my other question is lets say I got my account balance in GBP 500. I decide to risk 1% of my account. I decide to buy NZDUSD at 0.8000. Seeing the charts I decide to have a 10 pip stop loss. Then how to calculate my correct position size (lot)?

And whats the difference if i sell nzdusd? And with for example EurCHF or GBPJPY? I just want to get it as clearly as possible.

THanks for helping me out !

Happy trading!

**buy**EurUsd at lets say 1.2000, with 0.1 (10.000) lot, that does mean that I get 12000 Usd from my broker to get 10000 Eur, if my broker has 1% leverage, then my used margin is 120 right? if EU rises lets say to 1.2500, then I sell my 10000 eur to get back 12500 usd right?What happens if I

**sell**the E/U at 1.2000 with 10.000 units (0.1) ? that means Im buying 10,000 Eur or what? And what about my leverage?my other question is lets say I got my account balance in GBP 500. I decide to risk 1% of my account. I decide to buy NZDUSD at 0.8000. Seeing the charts I decide to have a 10 pip stop loss. Then how to calculate my correct position size (lot)?

And whats the difference if i sell nzdusd? And with for example EurCHF or GBPJPY? I just want to get it as clearly as possible.

THanks for helping me out !

Happy trading!