fault. Which may be considered by many as risking too much if you are a beginner. Daydreamer65 10:24:08 UTC #15 ddblue: Really? Our account is now. But that seems to be what volume is, so I'm a little confused. The size of the transaction is what determines pip value.
Yep that's how it works. You can also set up sub accounts with different leverage, ie 50:1, 20:1, 10:1 (3 different accounts) then plug in the figures check for yourself. I think he was talking about Usd/Chf in a sterling account Rhody. I would consider looking into Oanda, as they do not have fixed lot sizes. But as is the way of the markets ( those thieving brokers) the market turns again, down 20 pips, hit cancel trade before it hits a margin call, (getting clever see) 20 x -. Rhodytrader 07:31:57 UTC #13 ddblue: At 50:1, I need 2 margin for a trade of 100,000 units - so,000. As I'm still trying to wrap my head around margin.
I'd really appreciate it daydreamer65 09:31:36 UTC #9 ddblue: Actually, I'm still a little confused - Basically, I want to know how volume and leverage are connected. If I wanted 1 pip to be USD.00, what kind of account would I need? Your margin requirement is based on the total value of your trade, not the units. Hope this helps, Regards chofman 15:42:59 UTC #3, technically, the lots are measured in units not dollars. Margin is like a deposit - then, once you have deposited that, you get your a pip what you see is what you get set. That means if you are trading 100k EUR/USD.5000 5000 forex account the total value is 0k, so your 2 margin is 00 ddblue 08:04:45 UTC #14 daydreamer65:"ddblue;55331You guys have a gift when it comes to explanations. Why would I not want higher margin? The Oanda market order is probably the best device for getting to grips with this subject. (20 x 0 lost) Quick lets get back in it's going our way, only got 3 though, so let's trade 1 lot E/Y, 100 000 units 8 000, cost.