Hi all
Can anyone help me with a formula for calculating position size for DAX. I would like to work out how many lots I would buy/sell for a trade with risk $100 and stop loss of say 5 or 10 pips.
Thanks
Max
Can anyone help me with a formula for calculating position size for DAX. I would like to work out how many lots I would buy/sell for a trade with risk $100 and stop loss of say 5 or 10 pips.
Thanks
Max
Gravity goes both ways in forex...