- You place the stop where it needs to be - where the reason for the trade is no longer valid. E.g. trading a support bounce the stop goes below the support.
- Account Balance * percent/100 = RISK = OrderLots * (|OrderOpenPrice - OrderStopLoss| * DeltaPerLot + CommissionPerLot) (Note OOP-OSL includes the SPREAD, and DeltaPerLot is usually around $10/pip)
- Do NOT use TickValue by itself - DeltaPerLot
- You
must normalize
lots properly and check against min and max.
- You must also check FreeMargin to avoid stop out
thanks but that is not what i ment.
i just want to know how to know the biggest number of contracts i can take with my account.
so if my account is 10.000 $ and required margin for 1 contract is 4.000 : 2 x 4.000 < 10.000
i think i can take 2 contracts but not 3.
if account free margin is < required margin, why can i take 1 contract ?
I thought that required margin for 1 contract must be < my free margin account.
thanks but that is not what i ment.
i just want to know how to know the biggest number of contracts i can take with my account.
so if my account is 10.000 $ and required margin for 1 contract is 4.000 : 2 x 4.000 < 10.000
i think i can take 2 contracts but not 3.
if account free margin is < required margin, why can i take 1 contract ?
I thought that required margin for 1 contract must be < my free margin account.
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Hi,
I want to know how many contracts i can take with my account.
If i use : NormalizeDouble((AccountFreeMargin()/MarketInfo(NULL,MODE_MARGINREQUIRED)),0)
the answer is (int)0.89, so less than 1 contract but i can buy 1 contract .
Why ?
Thanks for your answers.