Risk calculation wrong
Risk calculation wrong
04 Feb 2021, 23:31
I'm having this same problem
My trading ist on the M15/M1, so it is very fast. I analyse on TradingView and copy my Stop loss from there. Then I quickly have to calculate my risk which is 0.5% in this case 500$.
So what I did was put the Stop loss in and then I modified the Lot size until it was around 500$ (517$) as you can see on the right of the screenshot.
After I placed the order the Loss is way higher in this case over 600$, which is extreme with the account size I trade live, and not only that but also my Stop Loss 1.1760 was modified to 1.17601.
Why is this what I did wrong??
I use 0.5% every trade and have a fix SL, so I want cTrader to tell me quickly what Lotsize I need for that EXAKT STOP LOSS and the EXAKT amount of RISK... NOT MORE NOT LESS... PLEASE HELP
PanagiotisCharalampous
05 Feb 2021, 09:05
Hi deon.jackson101.
The value in the active symbol panel represents the gross profit while the value on the chart represents the net profit. It's a known issue and will be fixed.
Best Regards,
Panagiotis
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