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A stop loss formula


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A stop loss formula

  #1 (permalink)
bobyx
Istanbul, Turkey
 
Posts: 7 since Dec 2021
Thanks Given: 3
Thanks Received: 1

Hello,
On futures with an amount of 100 USDT and by a leverage of 10 at currency pairs;
MATICUSDT , I opened a Long position at; 1.38, for a loss of 5 USDT on my
trade, what is the number of Stop Loss? A formula?

Thanks,

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 Tuglife 
Escondido CA USA
 
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You are asking a question about basic risk. I will respectfully tell you that you should figure this out *before* you are trading with real money. Risk management is the best tool we have in our toolbox.

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