I am trading a demo account with Oanda in the U.S. market with leverage of 50:1.
I wish to make a trade with a stop loss at 2% of my total account equity. Making one trade at a time seems to work fine.
When I try to make a second trade I am receiving an “Insufficient Margin” alert. I would like to make trades on multiple charts and multiple trades on individual charts but this is saying I can’t.
Can someone explain in simple terms how much money I am allowed to trade at once with a $10,000 demo account? I obviously don’t understand how this works.