hello sir Mohammed Safar, how are you today. hope all is well.
as I read the thread "Whats your best money management method?" posted by Aar
where your post or reply thread came to my attention regarding the formulas and equations.
arriving at the point where you started this thread "Trade All: Currencies+Indices+Metals"
and saw this mathematical basics.
out of curiosity in mind, what is the value of 'Contract Size'? is it the.. if given a lot or 0.02 for this instance in your transaction given, is it the 1,000 USD? as shown in image below.
and also the Dc, is it the ticksize or pip digits of the pair currency if it is 2 or 3 or 5 digits?
and Do, is like 0.01 or 0.001 or 0.00001 respectively.
Hope to hear from you,and thank you for sharing your knowledge and ideas.
be blessed.
Anyway, thank you again. the above questions already answered and problem solved.
as I read the thread "Whats your best money management method?" posted by Aar
where your post or reply thread came to my attention regarding the formulas and equations.
arriving at the point where you started this thread "Trade All: Currencies+Indices+Metals"
and saw this mathematical basics.
out of curiosity in mind, what is the value of 'Contract Size'? is it the.. if given a lot or 0.02 for this instance in your transaction given, is it the 1,000 USD? as shown in image below.
and also the Dc, is it the ticksize or pip digits of the pair currency if it is 2 or 3 or 5 digits?
and Do, is like 0.01 or 0.001 or 0.00001 respectively.
Hope to hear from you,and thank you for sharing your knowledge and ideas.
be blessed.
Anyway, thank you again. the above questions already answered and problem solved.