Need your help team....On position sizing software i see the leverage amount written ,exactly i don't know where do u get that number ..Do this leverage number has the relation with the leverage the broker gives u when you open an account to any broker?
The leverage is not the leverage the broker give you. It's the leverage of the position.
Let say your equity is 10000USD and the position sizing give you an optimal postion of 15000USD for your trade. Then the leverage for this position will be 15k/10k=1.5. In other words you'll open a trade with a size 1.5 times the size of your equity.
Mataf, currency trading since 2003