To calculate the new price level after changing your lot size, you’ll need to consider the average price of the combined lots. For XAUUSD, if you initially bought 0.01 lots at 1600 and then added 0.09 lots at 1610-1620, your new average price would be weighted more towards the second purchase price due to the larger lot size. Simply put, your new position’s price level will be closer to the price at which you bought the additional 0.09 lots. Can dog eat
ShaunaB1
27 Apr 2024, 11:25 ( Updated at: 29 Apr 2024, 04:57 )
To calculate the new price level after changing your lot size, you’ll need to consider the average price of the combined lots. For XAUUSD, if you initially bought 0.01 lots at 1600 and then added 0.09 lots at 1610-1620, your new average price would be weighted more towards the second purchase price due to the larger lot size. Simply put, your new position’s price level will be closer to the price at which you bought the additional 0.09 lots. Can dog eat
@ShaunaB1