How to calculate the value of Us30 indicies

Beginner Questions
1

Can someone please help me to understand the profit/loss calculation for Us30

Us30 - 1st Trade
Buy position:
Open : 33752.69
Close : 33787.42
Lot: 0.3 mini lot
Therefore, 33752.69 - 33787.42 : 34.71 POINTS

INDICIES ARE IN POINTS SO IN PIPS IT WOULD BE : 347.1Pips ( 34.72*10)
Profit : Pips * Lot size
347.1 * $3 : $ 1041.3
This calculation and the screenshot is all matching

Have a look at the second trade for Us30. Here is the problem that i am facing.

Us30- 2nd Trade

Buy position:
Open : 33474.1
Close : 33582.3
Lot: 1.01 standard lot
Therefore, 33582.3 - 33474.12 : 108.2 POINTS

INDICIES ARE IN POINTS SO IN PIPS IT WOULD BE : 1082 Pips ( 108.2 points * 10)
Profit : Pips * Lot size
1082 * $10 : $ 104130

I know there is some problem with the 2nd trade , can anyone please help me in solving this puzzle. What is wrong between the 2 trades calculation.

Does the account balance also affect the value per pip? I feel this is the reason.

Also if someone can explain all these calculation aspects of forex. Calculation of lot size, number of positions that can be opened and all those stuffs .

Picsart_22-03-04_20-12-49-338
Picsart_22-03-04_20-12-49-3383464Ă—3464 445 KB

I am no where able to find this information on the internet

1 Like
2

Hi. Did trade 1 and trade 2 was on different accounts?

You may check the pair “Symbol Properties” and look for Tick Size and Tick Value. The 2nd trade maybe the tick size and value is 0.1, hence even if price went for 100pips x $1.00 you end up with $100 profit.