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 Post subject: is the "Lot position" and "volume" the same thing ?
PostPosted: Thu Feb 11, 2010 12:15 pm 
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Joined: Mon Feb 08, 2010 6:21 pm
Posts: 13
anyone help me with this question please ?

question about the article http://www.forexoma.com/money-managemen ... y-in-forex

in the example it calculates a lot position, the example has 0.22 - "One lot EUR-GBP has a $20 pip value. So you should take a 0.22 lot position:"

Is this "lot position" referring to the "volume" on a new order in metatraderr?? The volume in metatrader new order can only go upto one decimal place. why is this ?

Do we have to round the lot position up or down ??


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 Post subject: Re: is the "Lot position" and "volume" the same thing ?
PostPosted: Thu Feb 11, 2010 9:50 pm 
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Joined: Tue Jul 07, 2009 10:29 pm
Posts: 71
Location: Pennsylvania USA
Yes, it is the volume in metatrader.

I would round down .22 to .2 lots, unless the signal was very strong.

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