I need to earn $15.00 from an increase of 6 Pips.
In my most recent trade of the same currency pair, I lost $11.39 by loosing 4.5 Pips trading a volume of 70000 units.
Presuming that I am guaranteed to win my trade, what volume do I need to purchase to earn exactly $15.00?
Please provide me with the formula for this, thanks!
In my most recent trade of the same currency pair, I lost $11.39 by loosing 4.5 Pips trading a volume of 70000 units.
Presuming that I am guaranteed to win my trade, what volume do I need to purchase to earn exactly $15.00?
Please provide me with the formula for this, thanks!