Hi, I was using fxcm trading station where you trade at £ per pip (in the UK).
Now I am using fxcm MT4 and traders are % risk or lot size.
So, my question is this - is there an easy was to know what 1 lot size trades at £ per pip?
Or an easy way to know what say 10% risk is at £ per pip?
Is this the same on different currency pairs?
I know there must be an easy answer, I just havent found it yet!
Thaks for your help.
Now I am using fxcm MT4 and traders are % risk or lot size.
So, my question is this - is there an easy was to know what 1 lot size trades at £ per pip?
Or an easy way to know what say 10% risk is at £ per pip?
Is this the same on different currency pairs?
I know there must be an easy answer, I just havent found it yet!
Thaks for your help.