I want to open an account of 500$ and want to be risking $40 in each trade. If maybe i want to enter a trade which requires 70 pips stop, how do i calculate the amount per pip being that i am in micro account ? Please i will appreciate if you illustrate with practical example
Please i am searching for a free chart designing tool that i can use to mark my charts. The one TFG mentioned below is not free, please can anybody help? probably the software can be uploaded here so that i can easily download it.