Hi all~~Someone can tell me, Using $100 USD,Leverage 1:100, Profit is USD 5=20Pips.. Can i know this using what how many lots to trade?? And..any tips to decrease the pings connect to broker server as low as posible? Thanks you=)
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HI there~~~~Need help HERE~~!~
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Simple equation:
Lots = Profit/Pips (by 5 decimal places)
So...
Lots = 5/200
Your lot size is 0.025
But I feel that is too large for a $100 account...
Another equation:
Lots = (Capital*risk)/stoploss
Let's say you're risking 2% with an SL of 20pips (200 by a 5-digit broker)
Lots = (100*0.02)/200
Lots = 0.01
Now maybe you're using a greater risk threshold like 5% at 20pip SL or a tighter SL like 8pips at 2% risk so 0.025 lots may be viable depending on you.
But these two equations are basic cornerstones for Money Management.
As for ping, port forward your MetaTrader terminal.
Tutorial: http://www.portforward.com
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