Value of a Contract

• 10/01/2022 at 12:36 PM #201737
  taklause

  Hello everyone,

  for moneymanagement purposes I have already found some solutions.

  But I dont get them fully. Since in my understanding the value of a contract must be somehow available?

  Most moneymanagement tool using following formulas :

  Equity$ = Capital$ + StrategyProfit$

  Risk$ = Equity * Risk%

  But for the PositionSize I need the price of a contract.

  PositionSize = Floor(Risk$/ContractPrice,1)

  How will I access the contract price in PRC?

  Thanks for your help.

  Taklause

  

  taklause

  Participant

  Topics: 5

  Replies: 5

  Been thanked: 1 time
  10/01/2022 at 4:23 PM #201751
  robertogozzi

  The value of a contract, for most FX pairs and Indices, is:

  ContractPrice = PipValue * 10000

  1	ContractPrice = PipValue * 10000

  but usually that info is not used. The current price is widely used, instead.

   

   

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 16465

  Been thanked: 3641 times
• Author
  Posts