Hello, I could not find this question in the forums already. I am just looking for someone to double check my math as i am converting orders between accounts with different leverage amounts.
Example 1. Amount of equity to keep accounts 1:1
The source account is 1:500 with 5k equity, to mirror the trades 1:1 in an account with 1:50 leverage i would need 50k equity? 500/50=10, 10*5k=50k?
Example 2. Convert an order of 1.5 lots size from a different account with different leverage.
Source: 1:500 with 5k equity.
Destination: 1:50 with 5k equity.
Using the math from Example 1, we would need 50k to be 1:1. The math is 5k/50k=.10, 1.5*.10=0.15. So the new lot size will be 0.15 to keep the same level of risk?
Example 3. Convert an order of 1.5 lots with same leverage but different equity.
Destination: 1:500 with 500(.5k) equity.
The math 500/5k=.10, 1.5*.10=0.15
LMK if anything is unclear. Just wanted to check this before i started to program anything.