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Old 30-12-2005, 05:24   #42
kenazen
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Re: How much to buy w/2% risk of $1k and w/50pip SL?

Quote:
Originally Posted by MickMason
Haven't we already done this bit, I'm getting a definite feeling of deja vu

Well, you did say to "forget about margin and leverage".

The book "Getting Started in Currencies" unfortuneately starts off saying "all these examples assume 1:1 leverage". So that wasn't any help.

My test trades haven't hit their stop losses yet, so I havent been able to use those either.

Apparently nobody is using a formula to determine how many units to buy, which means they are either giving up control of their Stop Loss or their bet-size. Not just here, but also on the Aonda forums. Everyone says its so simple, yet no one can produce a formula to express it.

I understand if you feel like this thread is not going anywhere but circles and are tired of it, but I've got to figure this out, and I will figure it out. When I have it figured it out, I'll post it. Not understanding is not one of my options.

I do appreciate the time you've spent trying to help me.

Last edited by kenazen : 30-12-2005 at 05:27.
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