You can calculate your pip monetary value by multiplying your capital size with 0.0001. Every time you trade-in Gold and the market favors you; you earn $1.00 in every pip movement. Pips are your spreads. However, they may vary according to your broker. In the same way, if the market ...
And my problem is: how to calculate these values based on the euro amounts I want to set? I searched for some lot-pip-etc calculation on the web, but after all what I tried did not work. This is how I wanted to calculate: double AmountToTradeInEuro = 100; double AmountToTakeInE...
As with surfing, in order to calculate the waves of prices, you need control, not strain. The only difference is that, with trading, it is not your muscles that are controlled; rather, it is your mind. What is particular about the SurfingThePips™ method is that the trader’s psycholo...
the E-mini S&P 500 futures contract has a designated tick size of $0.25, while gold futures have a tick size of $0.10. If a futures contract on the E-mini S&P 500 is listed for $20, it can move one tick upward, changing the price to $20.25 based on the...
One of the deadliest mistakes a system developer can make is to program rules that rely on future data points. A classic example is using the closing price to calculate a buy entry but actually entering the stock on the open of the bar. In other words you trade before the signal. ...
In the picture, we see that the 1st profit limit was reached and thus trailing is activated. The ATR was around 150 pips, so the distance from the entry price to the profit limit is around 150 pips. The trailing stop is set as ATR, so once the 1st profit limit is reached (p...
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Metals: gold, silver, copper, platinum, palladium, etc. Commodities are usually used as raw materials in many industries around the world and they tend to have very wide price variations. They can also be very volatile. Crypto tradingis an emerging class of CFDs which features some of the ...
Track your broker server response time, implement Trailing-StopLoss (for improved profit), implement slide-in-orders (multiple stop orders to catch huge spikes), calculate order-set profitability (to know when to close all the orders when price retrace), etc etc. Anywa...