Quoting nikosgrDislikedWow... Thanks a lot Peter for the money management courses![]()
Although my frustration still remains on how we can find the margin used.![]()
As you can see here i did a purchase of 0.50 lots of gbpchf
http://img187.imageshack.us/img187/8906/gbpig2.png
To find the margin i used i did bgpusp price(1.8657) x lots (0.50) x lots size (10.000) / 100 (the minimum leverage this demo account offers) which equals 93.285. As you can see this ammount has nothing to do with the real ammount used as margin...![]()
And as i checked the minimum ammount of lots (volume) allowed by this broker is 0.10.....
So what i am doing wrong or what i have understood wrong....??
ThanksIgnored
Perhaps this will help. Look at posts 16 & 17 in the Money Management sticky of this, the Beginners Forum.
May I also recommend you read the entire money management thread? My posts there have been very helpful to others, and perhaps they will be of use to you as well.
If you have any questions after reading the MM sticky, please feel free to PM me.
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