View Single Post
Old 30-12-2005, 21:43   #47
ampris2000
Forex Teacher
 
ampris2000's Avatar
 
Join Date: Oct 2004
Posts: 442
Downloads: 0
Uploads: 0
Rep Power: 0ampris2000 is an unknown quantity at this point
Thumbs up Re: How much to buy w/2% risk of $1k and w/50pip SL?

oh! I think I see what you're trying to do.

i'll work on it over the weekend.

it's the same thing that I have already done except mine is expressed in dollars and pip values. You want it to show units.
Same thing, different output.

sorry everyone who used the spreadsheet, i think oan''da is the only one that lets you choose units. I think the others you have to buy lots. My spreadsheet is set up so a person can buy units .

there should be a formula somewhere online that shows you how to compute this.

later.

by the way, on co-related pairs you should divide the pip value amongst that so it's still a 1% loss. I had like a 5% to 10% loss this week cuz I didn't do that. I had each pair be a 1% loss.
The money mana. strat I use says if you're trading co-related pairs to split the pip value on those pairs so if all your stops were hit, it would still be a 1% loss.
I had not quite paid much attention to that, but from now on I will! Especially since I am going to be trading for other people.

my MM method.
http://www.fxstreet.com/nou/content/107410/content.asp
ampris2000 is offline   Reply With Quote