Number of lots?
OK heres my question, obviously the number of lots to trade depends on the individual. But lets say i go with a 2% max loss per trade. My stop loss each time will be 100 pips. Now lets say i fund my account with $10000.
OK at 2% my max loss would be $200. $200/100 pips would be 2.
From this i would trade 2 minilots or 20,000.......Am i correct?
This would work out to 2:1 leverage......
Just curious since i see a lot ofpeople using 50 to 100:1 leverage
a bit puzzled....
|