Iím a conservative person and like to earn $0,1/pip. I will invest $500 using a brokerís MT4 and my exit target will be 20pips profit.
So what is the Volume level I must put (using a MT4 platform) in order to have $0,1/pip? So that if I earn 20pips, I get $2 (20pips x $0,1).
Explain your calculation in the same time!