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Originally Posted by MickMason
Strewth, that's a lot of numbers!
Risking $40 with a stop of 30pips means a trade of 13k ($40 divided by 30pips = $1.33 per pip)
Mick
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My first example was an "easy" nonUSD/USD one. If it is correct, then I will next post a USD/nonUSD example (like USD/JPY). The trickiest would be a nonUSD/nonUSD example, like CHF/JPY. I am assuming the formulas are different for each.