Replies to post #5821 on FOREX TRADERS

[Mister Lava]

Thanks for the info... this brings up another question. Suppose I have $10,000 in equity, and I make a $1,000 entry, which would be 10% of my usuable margin.

On this $1000 entry, suppose I am getting $10 per pip (or losing $10 per pip if the entry goes negative). In this scenario, what would my draw down be?