ilmscore | Prediction Details
"now let's go through this last example first on a micro lot so let's say you want to trade one micro lot and you're doing that while them you buy that one micro a lot the markets at 1.0 802 just as with the other examples we go up 100 pips what's our equation look like what we have to do our 100 pips times 10 cents times the amount of microbots we're trading which in this case is 1 what is that equal that means that you would have made $10 on this 100 pip move trading one micro lot"
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) 00:14:30 - 00:15:06
Interpreted Prediction
A 100 pip profit on one micro lot (1,000 units) results in a $10 gain, calculated as 100 pips * $0.10/pip * 1 lot.

Prediction Details

Topic
Forex Trading Calculations

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