Hi All

I have been investing in a system for a while employing a Spread betting company where I determine the worth of a pip, and when I win a grasp that amount times the number of pips. Simple calculation.

I have begun to use a Forex working account with FXDD and don't have any clue how to calculate the dimensions of position that I need to trade for a given risk. I am using a mini account.

Any ideas of how to help? Ideally I am looking for a simple Excel spreadsheet to perform the mathematics on.