So in a trade where entry position was at 20 and stop loss set at 18 (2$ lower from entry price), i raise stop loss to 20 as soon as price will go up to 24$ (twice as stop loss so 2×2$=4$). $200 / 40 pips = $5 per pip.
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Therefore, the maximum amount of risk per trade is $100. The most important thing is that as a result the position size will be received, fully consistent with the declared appetite for the risk and taking into.
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