Hi
I have a question.
What dictates the value of a pip/point (another question is,is there a difference between the two)
The reason I ask is this.
A few regulars may know I've been demo trading for approximately 2 years now and STILL learning.(but very profitable to date)
The reason I ask the question is,I am running a demo account (£1k) 50:1 leverage and buy only one size position at a time (0.1),all of my previous trades equate to approximately (6/6.5p) a pip/point,but my last trade (for some reason,(I assume it's volatilaty/volume was 10p a pip/point)
Any advice,particularly why the difference on this would be much appreciated
Regards
Ken
I have a question.
What dictates the value of a pip/point (another question is,is there a difference between the two)
The reason I ask is this.
A few regulars may know I've been demo trading for approximately 2 years now and STILL learning.(but very profitable to date)
The reason I ask the question is,I am running a demo account (£1k) 50:1 leverage and buy only one size position at a time (0.1),all of my previous trades equate to approximately (6/6.5p) a pip/point,but my last trade (for some reason,(I assume it's volatilaty/volume was 10p a pip/point)
Any advice,particularly why the difference on this would be much appreciated
Regards
Ken