How do you calculate your profits and losses!

How do you calculate your profits and losses!

How do you calculate your profits and losses!

Now that you know how to calculate the value of Alboynt Come to see us How to calculate your earnings or loss.

In our next example, we will buy euro and sell the U.S. dollar:

EUR / USD exchange rate was

1.4018/1.4021

Now we will buy the euro at 1.4021 Price

And the size of the deal (croaker) 100,000 $

If teams are spread is 3 pips on the transaction (transaction cost)

After a few hours the price moves to 1.4550

Then was our decision to close the deal to take profits

If the new price is 1.4048/1.4051

Once we closed the deal

The difference between the entry price 1.4021 and exit price 1.4051

Equal to 30 points or 0.0030 $

Because 1.4021 - 1.4051 = 0.0030 $

And we have our deal size was $ 100,000, each point will be accounted for $ 10

If profit is $ 300

It will ask the 3 points (Spreads taxi median)

A net profit is $ 270

Remind you another example ...

For example, if you want to buy one of the euro against the dollar in the exchange rate of 1.4480 and some of the "spread" and after the purchase to move the pair to 1.4481

Here we ask what is your winnings!

The answer is only $ 0.0001.

Because 1.4481 - 1.4480 = 0.0001 $ is not it!!

Currency need for patience

As with any new skill trying to learn they need to learn and patience, especially if you wish to promote yourself to get a good result of telling you you're a trader Newcomer must know certain conditions, including:

"That you put your hand behind you before you start your first deal must be the first deal is a deal visible through the eye on the planned resolution and follow-up result for an eye