hello all…
please excuse my newbie questions but…
if i open a micro account and i am trading 50:1 leverage … what dollar amount am i actually trading? lets say im starting with $2,000… i know the pip value is:confused: .10
thanks
hello all…
please excuse my newbie questions but…
if i open a micro account and i am trading 50:1 leverage … what dollar amount am i actually trading? lets say im starting with $2,000… i know the pip value is:confused: .10
thanks
With micro lots you would be trading lots of $1,000. With 50:1 leverage you would need $20 to hold the position.