In demo, with a $1K startup, I'm using 100:1, risking 2% and using 0.1 lots, increasing lots by .1 as the balance increases by 1K. So each pip is worth $1 x .lots, so at 2K balance and 0.2 lots each pip=$2, 3K balance and 0.3 lots = $3, etc.
Babypips didn't cover that scenario so wonder if anyone has thoughts on this setup.
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