Where are my Profits??
L Jackson:
Hi all, for the past 3/4 trades on the USD/CAD pair my monetary profits seem to be very low given the number of pips won. On a 0.1 lot size a 76 pips win is only giving me £43.95! (Plus spread is only 1 pip).
I only seem to have this problem with USD/CAD the other pairs are what they should be (taking into account the pip spread).
Could anyone inform me if I'm being short changed by the brokers, or why this is occurring?
Thanks alot
Seems about right to me.
You make about 76 CAD profit
GBPCAD is about 1.73
76/1.73 = 43.93
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Hi all, for the past 3/4 trades on the USD/CAD pair my monetary profits seem to be very low given the number of pips won. On a 0.1 lot size a 76 pips win is only giving me £43.95! (Plus spread is only 1 pip).
I only seem to have this problem with USD/CAD the other pairs are what they should be (taking into account the pip spread).
Could anyone inform me if I'm being short changed by the brokers, or why this is occurring?
Thanks alot