Guest wrote:
I'm not quite familiar with that 2% (maybe because English is not my first language. Does this 2% ment by equity level or just the actual price difference? If my Equity level is 100.000$ and I want to trade EURUSD at price 1.45, what this 2% will mean, I can risk/reward 2.000$ on single trade or just the SL and TP should be 1.45*1,02 or 1,45*0,98?
The basis for the 2% deviation's calculation is the current price of the instrument (currency pair). There is no connection to the equity level of the trader. Anyone may open positions with SL/TP deviating from the current price in the same amounts, irrespectively of what their current equity balance is.