Thread: How much to buy w/2% risk of $1k and w/50pip SL?
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Old 30-12-2005, 09:41   #43
kenazen
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Re: How much to buy w/2% risk of $1k w/50pip SL?
My 3rd attempt at determining the number of units to buy involves only 2 cases when the USD is the Qoute p when it is not:

x/USD:

Units = ((RiskAmt/PipLoss) / .0001

All Others:

Units = ((RiskAmt/PipLoss) * USDRATE) / .0001
or
Units = ((RiskAmt/PipLoss) * USDRATE) / .01
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