Hi all,
I've recently started a demo account using Interbank FX Trader 4. I find it quite user friendly. I just have a few questions regarding the software for anyone using it:
1) say im trading EURUSD, volume 8, and buy, gaining 4 pips... the number under "profit" reads 32 (8*4 im guessing). My leverage is 200:1 btw. What does the 32 mean? Have i gained $32 in profit? I gained 4 pips with volume 6 and got 24 under the “profit” heading. Also, The highest volume im permitted is 8. isnt it possible to trade at more than 8 per pip?
2) what does “volume” stand for anyway?
thank you all
pip_rugrat
I've recently started a demo account using Interbank FX Trader 4. I find it quite user friendly. I just have a few questions regarding the software for anyone using it:
1) say im trading EURUSD, volume 8, and buy, gaining 4 pips... the number under "profit" reads 32 (8*4 im guessing). My leverage is 200:1 btw. What does the 32 mean? Have i gained $32 in profit? I gained 4 pips with volume 6 and got 24 under the “profit” heading. Also, The highest volume im permitted is 8. isnt it possible to trade at more than 8 per pip?
2) what does “volume” stand for anyway?
thank you all
pip_rugrat