My question is regarding risk-management, and I need to know which amount I should read from my online broker when calculating my trade position for each particular trade.
In most cases, the available trade amount is calculated like this: Equity (Cash + papers) - (Margin requirement) = Current Available Funds.
As I will use FXCM and Ninjatrader Continuum, I need to know how to fetch this amount from my online broker in order to calculate the correct tradable amount using a Ninjatrader strategy for a particular currency pair or stock instrument.
Any advice or information is appreciated!
Thanks!
Warcious
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