The foreign exchange market, being the most liquid financial market in the globe, offers attractive Benefits for investorsn addition to having access to real time rates, your profit and loss is computed on real time basis by the Forex trading platform you are using and is shown live onlines much as this is an essential merit in currency trading, it is important that you familiarize yourself with how profit and loss is formulatedn general, there are two basic procedures for calculating profit and loss in Forex trading:The first approach involves calculating the profit and loss in United States dollar (USD) terms by multiplying the number of pips with the size of the lot tradedf the lost size is a standard lot of 100,000, then you multiply the pips with 10 USD, if the lot size is a mini lot of 10,000, then you multiply the pips with 1 USD, and so onhis procedure is used only when the quote currency (second currency in a pair) is USDhe following example illustrates this:Suppose ... [Read More - Forex Trading Scalping]
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