Ideal ratio of deposit-leverage-lot
Topic: Ideal ratio of deposit-leverage-lot
Hi. I am trying to figure out the ideal values for lots given the balance and the leverage. I have an account with 1:100 leverage at axitrader. I am currently trading EUR USD and the range of prices I have experienced so far is 1.15 - 1.18. Therefore the maximum change I can assume is 0.03. How many pips is that? I have a 5-digit account. For 0.01 lot how much mmoney do I need in my account so that it won't be liquidated in case a change of 0.03 occurs?
Any help will be highly appreciated!