Quote:
Originally Posted by marketsmart
i am buying 1 contract (100,000 lots)...
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Hey dude been awhile, que passa?
Just curious but what % do you need to have behind the contract's worth? I haven't dabbled in Forex at all and who knos if I ever will, but I'm assuming you didn't need say 100,000 * price in your account balance to make that purchase/trade right ?
ie. for your first transaction in your screenshot, I get 100,000/109.93 = 910, so (109.94-109.93) * 910 = $9.10 (your profit) - but how much of your account money was used to get that 100,000 lots?
EDIT: I guess an easier way to ask is just how much does each lot cost? I think I overcomplicated it above =)