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April 19, 2024 at 10:10
#249867
Inactive
Hey Andrew,
I am really sorry for the late reply.
So, you can see this stop loss and take profit calculator here: https://www.fxblue.com/market-data/tools/sltp-calculator
You set the amount of your account, the lot size, the open price and the pair or instrument you want to trade and then that calculates the distance between the take profit and stop loss you need to have.
Hope this helps!
If you have any more questions, let me know!
Kind Regards,
Nikos