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How to calculate profit and loss in forex trading
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[QUOTE="FXOchartist, post: 308328, member: 90221"] In the platform trading, we don't need to calculate profit and loss manually, the platform will automatcially calclated profit and loss when the order already open. However understanding how to calculate profut and loss is good to understand how it works. Risk per trade also depends on the position size, type account, and pair to traded. For newbie traders recommended to use micro account, which this is cent account for beginner, in every 0.01 micro lot only worth 10 cent. In FXOpen broker there are type account micro, STP and ECN, I use STP account and ECN too. [/QUOTE]
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How to calculate profit and loss in forex trading
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