Hey Nikos,
in the meanwhile the screenshots are visible – why does it take that long for them to show up?
I’ve just checked the myfxbook Position Size Calculator. Apparently there is a difference between the Position size and the Trade Size. What I need to know is what to put in the Entry lots field of the EA, so as not to risk more than 1% of the accoint per trade. The myfxbook calculator has a prompt saying Trading Size(Lots) – what do I have to put here? This is actually what I need to know? And when I change the account currency from USD to EUR in the babypips calculator I do get the prompt Current EUR/JPY Ask Price but how does this affect the calculation, because when I do this I am risking 250 Euro which is more than 250 USD hence more than 1% of the account? I am getting confused, how to do it right.
As to the daily reset hour – lets say I have set max. 3% daily loss and the day closes with 2% daily loss and open trades. After the daily loss gets reset it means that I am allowed to have another 3% daily loss for the next day on the rest of the equity, is that correct?
Thank you!
Kind regards
Boyan