Calculate biggest allowed trade size

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9
bodda 2015.07.10 18:37
 

Hi,

Sometimes I get "Not enough money" message.

Is there a way to calculate the biggest allowed trade size (related to the money you got on your account) so this message can be avoided.

BR

Michael 

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12985
WHRoeder 2015.07.10 20:09 #
 
  1. You place the stop where it needs to be - where the reason for the trade is no longer valid. E.g. trading a support bounce the stop goes below the support.
  2. Account Balance * percent = RISK = (OrderOpenPrice - OrderStopLoss)*DIR * OrderLots * DeltaPerlot (Note OOP-OSL includes the SPREAD)
  3. Do NOT use TickValue by itself - DeltaPerlot
  4. You must normalize lots properly and check against min and max.
  5. You must also check FreeMargin to avoid stop out

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10
trend 2015.07.13 16:54 #
 
There are many other that will not understand this tough calculations and there must be some easy way of finding out what we have and how much we can trade. I have never done this calculations trade calculators are very easy tool for doing it and you must try this out.
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