Let's say i have 10k and i want to open a position of 2% risk with a stop loss of 9.58 pips, so based on the calculator it would as the above picture,
My position size would be 2.08 lots? However when entering a demo trade on MT4, my maximum position size allowed is only 1.67 on a 1:20 leverage.
If i increase to 3% it would be 3.13 lots, which exceeds the allowable 1.67.
Where have i gone wrong Your kindest advice is greatly appreciated, thank you.