Hey i’m obviously a noob, just fooling around on MT4 demo account.
I come from crypto trading, where all your profits are determined by percentage, with no reference to “pips”. When i place a trade for 1 lot in GBPJPY, im trading with 100,000GBP. When i place a trade for 1 lot in AUDUSD, im trading with 100,000AUD.
So a movement of 1% of either of these trades will not be 1% of 100k USD, it will be 1% of 100k GBP and 100k AUD respectively. How can i make all of my trades equal to 100k USD so that a profit of 1% is always the same result ($1000USD).
Sorry if this has been asked before, i tried searching but i guess i didn’t word it properly.