Dislikedcould anyone help me?
Marketiva like Oanda uses 'units' not lots. Leverage is 100:1, so with the $5 practice account i can use max 500 units.
for example buying gbpjpy at 211.83 with stop at 206.90 what numbers of units should i enter the trade to risk 10%?
how use the calculators to do that calc?
thanks in advance.Ignored
I'm not familiar with the Oanda units.... for starters, I would ask what is the correlation between pips and units.
The calculator requires that you enter the number of pips for your stop-loss rather than price, so converting oanda units to pips would be the first step.
Sorry I can't be of more help with this one. If you work it out, let me know.
TrevA