dmackay41
24 Nov 2020, 15:29 ( Updated at: 21 Dec 2023, 09:22 )

I

I am trying to get my head around this....... I have the Stop loss set for 4.3 pips and this equates to 5,073 Lots with an account risk of 0.81% for this trade..... is it the case that Commodities like US Crude here are set this way with FTMO... compare this to a GBPUSD Stop order below with the same stop loss and it is 5 lots with the same account risk... why are both so different?... I mean Oil is a factor of 1000 times that of GBPUSD... as the pip box shows.

I a

dmackay41
24 Nov 2020, 14:56 ( Updated at: 21 Dec 2023, 09:22 )

RE: RE:

dmackay41 said:

PanagiotisCharalampous said:

Hi dmackay41,

FTMO has set 1 pip = $1. Hence what I see on the picture seems correct. Maybe you should contact FTMO regarding this,

Best Regards,

Panagiotis 

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Thank you.... I did contact FTMO who sent me a screenshot on what a Stop Order is..... which is not much use !

Here is a screenshot taken just now..... the stop loss is set at 3.3 pips but registers -0.033 in the Pips box...... 100 lots equates to 0.01% of account, which is £20K account, ie amount risked with 100 lots equates to $3.30 ??????

dmackay41
24 Nov 2020, 14:47

RE:

PanagiotisCharalampous said:

Hi dmackay41,

FTMO has set 1 pip = $1. Hence what I see on the picture seems correct. Maybe you should contact FTMO regarding this,

Best Regards,

Panagiotis 

Join us on Telegram

 

Thank you.... I did contact FTMO who sent me a screenshot on what a Stop Order is..... which is not much use !