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Create positon, how to calculate the size correctly


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Hi, 

I started trading Brent Crude Oil in IG platform but I could find a formula to correctly calculate the size I have to put while creating a position, based on the available amount I have. The quotation is based in points and it makes me wonder how operate.

Any help is welcome. 

Also, I plan to work with some leverage in the future, so any tip on this matter is also welcome. 

Thanks.

 

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  • 5 months later...
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On 09/06/2023 at 18:42, SergioLage said:

Hi, 

I started trading Brent Crude Oil in IG platform but I could find a formula to correctly calculate the size I have to put while creating a position, based on the available amount I have. The quotation is based in points and it makes me wonder how operate.

Any help is welcome. 

Also, I plan to work with some leverage in the future, so any tip on this matter is also welcome. 

Thanks.

 

Thank you, I have the same question as a newbe, can somebody help with a formula maybe?

 

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