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Binance position size issue spot

Posted: Jul 21 2022
by Salzburg
I thought i had the position sizing figures out om binance for trading spot pairs like btc.usdt and eth.usdt etc
but no,

I am currently using a formula as per below, but this does not achieve the expectation to end up with the position size amount for the trade, at binance as set as
POSITIONAMT variable.

NC=ROUND(POSITIONAMT/(Bigpointvalue*C),0);

Anyone can point me in the right direction ?

I am only trading spot and not futures, so all spot pairs should work to have the same formula for position size.


Thanks

Re: Binance position size issue spot

Posted: Aug 02 2022
by Svetlana MultiCharts
Here is the formula to calculate a position size for Binance:
Position cost / close / BigPointValue.