Quote:
Originally Posted by MrPip
I understand what you are saying when you take the stoploss into account and rick means how much you are willing to lose.
You must have posted different code. The function I copied from your earlier post does not use stoploss anywhere. If risk is 10 it returns 10% of the account equity. For a 10K account it returns 1 lot. If the stoploss is 50 then the loss trade would be a max of $500 if there is no slippage. This is 5% of the account. That means an actual risk of 5%. The risk input is more like percent of account to trade.
Robert
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Yup, thats how all my MM modules work on all my EAs. % of equity!
Maybe there is a SL % MM somewhere, but I never saw that!
What burns mean maybe is the classical manual risk calculation of trading. And then you use his way to calculate the max % of possible loss due to SL.