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Old 07-27-2008, 11:35 PM
virtecs virtecs is offline
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Join Date: Dec 2007
Posts: 71
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Quote:
Originally Posted by jmca View Post
I understand what margin is used for, but I'm confused how margin plays in gains & losses.

For example:

100:1 leveraged account
1 standard unit = $100,000 correct?

200:1 leverage account
1 standard unit STILL = $100,000 correct?

So when booking a P/L, they are both the same. Margin plays a roll in how much of your own money you put up, not increases or decreases the $ of your P/L. What it does do is increase/decrease your Cash-on-Cash% return, giving you a larger +/- ROI%.

Am I correct in this?

Margin plays a factor in your profit/loss because as you increase the amount of lots you use, the margin increases.

leverage determines how much margin capital you need on hand to enter a trade

So, required margin is Lot size x price x leverage
so, 100,000 x 1.35 x 0.01

100k lot, price of the current currency, and 100:1 leverage.

if you move up to 2 lots, or 200k then your margin will increase, but so will the amount of money per pip.

100k = 10 bucks a pip
200k = 20 bucks a pip

So yes margin kinda plays a role in your roi, but only in that you need that much cash to enter the trade.
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