arjundluthra
10-25-2005, 12:06 PM
does "profit=selling price - buying price" hold true in forex trading?
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View Full Version : does "profit=selling price - buying price" hold true in forex trading? arjundluthra 10-25-2005, 12:06 PM does "profit=selling price - buying price" hold true in forex trading? blastedtower13 10-28-2005, 03:56 PM Need to factor in expense of the trade. Lochlain 10-31-2005, 07:45 PM Oversimplified, but mostly yes. HL2k 11-03-2005, 11:34 PM Profit(loss) = (selling price-buying price-expenses)Also factor in any annual/monthly membership fees RH 11-07-2005, 03:24 AM there's something you lose most, though.. and that's time anonymous8816 11-10-2005, 07:13 AM yea, +broker commission if any CharlieMike6323 11-13-2005, 11:02 AM Profit = [Selling price - buying price] x [qty of Currency]For a $10,000 trade, 0.0001 = $1For a $100,000 trade, 0.0001 = $10So if you had bought $10,000 worth of Eur/USD @ 1.4600 and sell at 1.4700 : you would have made $100.If you had bought $100,000 worth , you would have made $1,000Hope this helps : this video may make it clearer.http://www.geocities.com/lcming/ForexForex5http://www.geocities.com/lcming/Forexbooks |