93. How to Calculate Forex Trading Profits and Losses
InformedTrades asked:
For active traders and investors in foreign exchange and currrencies.
The Step By Step Guide to Forex Trading
Hi dave, how long do you think a trade ,has to be held before?
hi Dave ,, really enjoyed this lesson , i wanted to know does the pip cost vary when trading in a different type of account . eg trading in a mini account where the lot = 10000 ? i think the pip cost will be $1 if US is the counter price right ?
I really liked your channel and this video. If you need any help getting this video exposed I use a site called tubeviews.(net) It has really helped like 20 of my main videos get to the top in position. Its nice.
There is software im using to send atleast 20,000 text message a day advertising my online business…it is amazing. I think they have a free demo to try as well autotextsender.(c0m) God Bless!
thanks for sharing good stuff man
hey great videos, do you have any tips on how to make good profits i am barely breaking even i have too many pips help.
Hi Horsefly4, When trading with most retail forex firms, they standardize the amount traded into contract sizes of either 1,000, 10,000, or 100,000 of the base currency. So in the above video when I say 3 contracts I mean 3 lots or 300,000 of the base currency. Best Regards,Dave
what does he mean by 3 contracts?