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?