What is the profit margin when " 1 pip " goes up?

To add comments, please log in or register
cape1354
158
cape1354  

Hi

I ask questions about revenue calculation.


1. Is the value of one peep worth $ 10?


2. If I had to earn 1 peep by buying 1 lot, would it be $ 10?


3. On account of a cent, if I had to earn 1 peep by buying 1 lot , would it be $ 0.1?


I await your reply.

whroeder1
17943
whroeder1  
In the account currency, approximately 10 per lot. Exactly pip*deltaPerLot*lots
  • You place the stop where it needs to be - where the reason for the trade is no longer valid. E.g. trading a support bounce the stop goes below the support.
  • Account Balance * percent/100 = RISK = OrderLots * (|OrderOpenPrice - OrderStopLoss| * DeltaPerLot + CommissionPerLot) (Note OOP-OSL includes the SPREAD, and DeltaPerLot is usually around $10/pip but it takes account of the exchange rates of the pair vs. your account currency.)
  • Do NOT use TickValue by itself - DeltaPerLot
  • You must normalize lots properly and check against min and max.
  • You must also check FreeMargin to avoid stop out
To add comments, please log in or register