Greetings. I've read 80% of the beginners posts and I could not get an answer of a excruciatingly painful basic question... (I just want to understand what goes into my account) but here goes anyhow...On my demo account... when I close a positive trade, just for example a 50G account, I close a +150 pip positive trade of 100 units with a cost of 1000. from margin. The P/L says + 1500. approx. did I only make 500 dollars because I have to make up the margin first... or is the whole 1500 a profit... I know, this is so dumb, but I haven't found a clear explaination of what your trade gives you upon closing. It doesn't matter what pairs, what spread... I just want to know the relationship between the pip, p/l and what goes back to me. I hope to figure out other stuff by myself... no snide remarks here please....
thanks so much S5
thanks so much S5