93. How to Calculate Forex Trading Profits and Losses

12 Responses to “93. How to Calculate Forex Trading Profits and Losses”

1. tumadoireacht Says:
   December 30th, 2009 at 6:49 pm

   i am day trading …
   i am day trading for 4 months – started with 2,000 euro -now have balance of 22,000 dollars but it takes vigilance and rolling with the losses .

2. blackberryjuice1 Says:
   December 30th, 2009 at 6:49 pm

   Just a warning …
   Just a warning everyone. I’ve purchased Peter Bain’s course as well as three other trading systems back in 2003-04 and have been attempting to trade forex for five years. My account balance is still below $100 even though I’m trading microlots. Forex is not get-rich-quick and you can spend years and still be unsuccessful despite buying several trading courses…

3. forextrading11 Says:
   December 30th, 2009 at 6:49 pm

   great video i have …
   great video i have value information about the topic if you want learn more you have an open invitation

4. pjblabla Says:
   December 30th, 2009 at 6:49 pm

   your’s must be a …
   your’s must be a mini not a standard account

5. Budma30k Says:
   December 30th, 2009 at 6:49 pm

   My pip value is a …
   My pip value is a Dollar not ten dollars.

6. westpb01 Says:
   December 30th, 2009 at 6:49 pm

   So have I got it …
   So have I got it correct in saying that if you make a purchase of the ‘AUD/USD’, of one contract size, I would be buying $100,000 Australian dollars.

   And…one pip movement would mean 0.0001 USD in order to buy one Australian dollar, which would then need to be convertedt back to Australian dollars to the p/l you have encountered so far?

7. davidoffnow Says:
   December 30th, 2009 at 6:49 pm

   Hi dave, how long …
   Hi dave, how long do you think a trade ,has to be held before?

8. retharford Says:
   December 30th, 2009 at 6:49 pm

   hi Dave ,, really …
   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 ?

9. PAGGIzx Says:
   December 30th, 2009 at 6:49 pm

   I really liked your …
   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

10. gaijinyakuzza Says:
    December 30th, 2009 at 6:49 pm

    hey great videos, …
    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.

11. InformedTrades Says:
    December 30th, 2009 at 6:49 pm

    Hi Horsefly4, When …
    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

12. horsefly4 Says:
    December 30th, 2009 at 6:49 pm

    what does he mean …
    what does he mean by 3 contracts?

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