QUOTE=artieboy;54683 Thanks for the response! Alright, so lets say we use your example with the 20:1 leverage......ok, so you have $1500 in your account... You would need more in your account than that, $1500 is the margin (or deposit)
to open a position of $30 000.
You would then need X amount to cover losses.
if you lose the 100 pips it would mean
200/1500...losing practically 13.333% ofyour account?
Thats well above the 2% recommended.
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