My question are as follows:
1.with 20 $ mini,how much will be my pip value so that i can make 20 $ after 20 pips?
2.i want to make with my 20 $ account 486 $,can some one show me how my actually doing mathematically using margins+pipvalue+leverage?.
3.how much an average pro makes in a month by forex trading?
I am getting through my market indicators and to my surprise sometime fibonaccis are the best but not always.trying to build my own system.i am electric engineer by profession.
1.with 20 $ mini,how much will be my pip value so that i can make 20 $ after 20 pips?
The size of your account and whether it’s a mini or not doesn’t matter. To make $20 with 20 pips you’d need to trade $1 per pip, whether you have $20 in the account or 20 million. Of course if your account is only $20 you shouldn’t be trading $1 per pip, but that’s another matter…
2.i want to make with my 20 $ account 486 $,can some one show me how my actually doing mathematically using margins+pipvalue+leverage?.
I can’t really answer that question, it’s way more complicated than that. We need to know what type of trading method or system your going to be using.
3.how much an average pro makes in a month by forex trading?
It depends! Some make a little, and some make a lot. Again, I can’t really answer that question without more information. 
You can’t succeed in the forex market by crunching a bunch of numbers — pip values, margin, account size, profit goal —
in some mathematical formula.
[B]You can only succeed in the forex market by knowing how to trade. Do you know how to trade?[/B]
To answer clint question,i am doing now a days demo account.its my second month and i have above 85000$(started from 50000$).well i get the idea of trading which is slow and steady wins the race.
To answer clint question,i am doing now a days demo account.its my second month and i have above 85000$(started from 50000$).well i get the idea of trading which is slow and steady wins the race.
To phil,tell me in detail what do you mean by “thats another matter”.i want to play safe and steady in forex market.i understand the meaning of volatile market.but some time phil you see all the indicators are showing you something and your gut is saying go far it,then you should go with all your energy.
For example,yesterday eur/usd went from 1.42091 to 1.42588.at that moment i was checking my momentum and oscilators which were showing me a trend.i went long and ended the day after that deal altough it went short more stronger after that.so what is your opinion of going with all your forces when you see it and feel it?
Well, getting the idea and know how to trade are two different pair of shoes.
Slow and steady wins the race is not knowing how to trade. Knowing how to trade starts with learning the basics and applying them day by day in order to experience the outcome in it’s application.
[B]Do you know the basics and applied them during your trading with a demo account?[/B]