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Value per pipIt is helpful to understand the value per pip of your trade, ie how much you will profit or lose for each pip movement in the price. If you multply the value per pip by your stop loss, then you will know how much of you capital is at risk on the trade. The calculator below may be of value in helping to understand this. Do take note that unless you are obtaining the value using the second currency in the pair, the value per pip will change over time with exchange rates. If you use a contract size of 100000 then you will get the value per pip for 1 lot. Use a contract size of 10000 to get the value per pip for a minilot and 1000 for a microlot. |