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Tadewi
The pairs change in their profit per pip. Your example is 32 pips.
50,000 contract at 50:1 ratio 5USD per pip.
A full contract 100,000 for 100 pips is 1000USD.
I am a very persistent small time trader and use a lower ratio and sub 10,000
contracts. The size of stop losses for larger moves is expensive.
I have tried igmarkets many times but find with their ratio 50:1 that they get my money mostly.
I seemed to have picked a difficult market to conquer.
Yes i bought back in, after a quick short that lost, at the peak. Victim of over eagerness after 16 hrs away from the screen and missing last nights move.
Gave back yesterdays profits.
Getting my head ready for the next trade.
:)
