so, guvvy, have you thoroughly deunconfused yourself yet?
advice - learn pips, then forget them.
pick and trade the absolute smallest position size that your platform will allow with live money (and always trade that position size). do this for a week, a month, whatever, just accumulate a bunch of live open/close trades to run some metrics on them. then, once the week/month is done, look only at two things: how many trades were in the black (profit) and how many were in the red (loss)? just totals, like 20 profitable and 7 lossy. cool. then look at what your account balance increase is, in percent. over those 27 trades (or however many you make), did your balance go UP by some percentage? or did it actually go DOWN? doesn’t matter what the percentage is (a net of 0.0003% up is still UP).
now, knowing (a) what your rate of profitable trades is, and (b) what your net impact is on your balance, you can typically scale it up, so that if you increase your trade size by 10x, your net impact ought to be 10x bigger.
this is ASSUMING that when you trade, you only watch the chart, and don’t watch your balance go up and/or down while the trade is on. cuz watching the balance in real time is a sure-fire way to distract yourself from what you SHOULD be looking at, and it’ll make you exit your trade at the wrong time.
and while you trade, you don’t count pips or pipettes or cents or yen or whatever.
in fact, don’t count them ever. at all. just count what your balance increases / decreases by. i can be happy with a 7pip profit, others target a 300pip move. but if our position sizes are vastly different, my +7pip can be a much bigger gain (%) on my account than someone else’s +300pip. i may trade a 250k position while they trade a 1k position.