robot trading

[ice101]

hi iam using robot for trading
i would like to know the the trade size mathematic formula to hold a position down to 40 pip loss for usdjpy
stop out 50%
leverage 500
i thinks its like that
i have calculate this 40 pip of loss=400$ for usdjpy
for a balance of 600$
leverage 500
stop out 50%
so i think its 600$(balance)-400$(40 pip of sl)=200$
(600*105.331*500)/(105.331*100000)= 3 Lots
(400*105.331*500)/(105.331*100000)= 2 lots
so i think its 3 lots -2 lots= 1 lot of trading size to hold down to 40 pip of loss
but the suporrt of my broker say this
please try to understand, the maximum you can place 2 lots. and if you want to place 1 lot then your calculation is perfect.

so iam little confused

thanks for enlighten me

 

[Henow1969]

Robots are always useful to trade successfully and these are very helpful to make good profit if you are expert to use them.

 

[Kevin FD]

any professional Forex robot can bring good amount of result , its very clear , but i have seen the result from trading robot is not permanent something. its all about short term approach , ( personal opinion).

 

[Akwin]

What is a robot trading?

 

[Rufus_Leakey]

What is a robot trading?

 

[hatemypips]

hi iam using robot for trading
i would like to know the the trade size mathematic formula to hold a position down to 40 pip loss for usdjpy
stop out 50%
leverage 500
i thinks its like that
i have calculate this 40 pip of loss=400$ for usdjpy
for a balance of 600$
leverage 500
stop out 50%
so i think its 600$(balance)-400$(40 pip of sl)=200$
(600*105.331*500)/(105.331*100000)= 3 Lots
(400*105.331*500)/(105.331*100000)= 2 lots
so i think its 3 lots -2 lots= 1 lot of trading size to hold down to 40 pip of loss
but the suporrt of my broker say this
please try to understand, the maximum you can place 2 lots. and if you want to place 1 lot then your calculation is perfect.

so iam little confused

thanks for enlighten me

Determine risk (in $). Then determine expected stop loss in the trade (in pips).Divide $ risk by number of pips - you will get pip value for this particular trade.
We know that pip value for one lot position is 10 units of quote currency (10 USD for EURUSD, GBPUSD and other /USD pairs).
The ratio of 10 units to the pip value you calculated should be equal to ratio of one lot to the lot size you should use in your trade.

Hope it helps.