Hi,
7bit thanks again for everything you're doing for this community.
Maybe I'm a bit off subject but on the weekend I had been somewhat documenting myself and that I came across with...
Type: Posts; User: mamll
Hi,
7bit thanks again for everything you're doing for this community.
Maybe I'm a bit off subject but on the weekend I had been somewhat documenting myself and that I came across with...
Is it possible your demo account is financed in USD? That would make each normal lot = $1.00 USD each pip, maybe not 1.00Euro -- so your 12 pips = 1.20USD.
Current exchange rate is /-...
thanks Slim, that's going to come in useful.
That is a fantastic rule of thumb I guess, but what about the poor undercapitalized S.O.B. who just got a margin call and is attempting to determine EXACTLY what his/her risk per trade will be?
...
In fact, I think it depends on the quote price of the pair you're trading. For instance for my USD acct:
at 100:1 leverage to buy 0.01 lots (at the time of this article) the margin required...
^^^ still hanging there? -- check out Daily... impending S @ 1.7325. I can see price week return to two MA around 1.7085/.7100