Hi' guys, So i want to set up my Open Position Sizing to use Account % Loss Per Trade, meaning at a single trade i only want my account to lose at max 2% from my entire balance. But at the same time still utilizing Leverage. On the Finandy Open Terminal Setting, on the first column which one should i use ?

Hi' guys,
So i want to set up my Open Position Sizing to use Account % Loss Per Trade, meaning at a single trade i only want my account to lose at max 2% from my entire balance. But at the same time still utilizing Leverage.

On the Finandy Open Terminal Setting, on the first column which one should i use ? I do have couple ideas on my head but still not clear about how it's working.
- If i use Strategy Amount, does that mean i am not able to use leverage? Also even i code the Leverage from the strategy, i think finandy still read it as a whole amount from the balance and not utilizing Leverage.,
- If i use Balance%xLeverage, and tick the box on the left which as per my understanding will apply a value coming from the signal, is this the correct move? I do have couple ideas on my head but still not clear about how it's working. - If i use Strategy Amount, does that mean i am not able to use leverage? Also even i code the Leverage from the strategy, i think finandy still read it as a whole amount from the balance and not utilizing Leverage., - If i use Balance%xLeverage, and tick the box on the left which as per my understanding will apply a value coming from the signal, is this the correct move?

💬 3 answers

EJN EJN Author

RDEM

maybe this will help you - https://docs.finandy.com/trading/signals/open#order-...

sadly nope, i do read the docs couple times but still not sure about it. btw thanks for your help

To begin with, I would advise you to use the Sum


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