ilmscore | Prediction Details
"now let's change things up for a second and say we wanted to trade three standard Lots in this case what would change what number in the equation but we need to change if this was the case and we were trading three standard Lots instead of one well that was the case we would have to change the third number in this equation we still have a 100 pip move right pips is right here we still are trading standard Lots so standard lot is right here now we need number of Lots so what's the number of Lots when we're trading three so that would mean that this 100 pip move if you were trading three standard Lots would equal a three thousand dollar gain"
By The Trading Channel (The Trading Channel) | April 2, 2020 | Pending
From video
Forex: How To Calculate The Value Of A Pip (Beginners Must Learn This First) 00:09:17 - 00:09:57
Interpreted Prediction
Trading three standard lots on a 100 pip move would result in a $3000 gain, calculated as 100 pips * $10/pip * 3 lots.

Prediction Details

Topic
Forex Trading Calculations

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