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Help me with something

  • #1
  • First Post: Nov 20, 2006 3:27pm Nov 20, 2006 3:27pm
Hi i want to trade Gold so for each PIP i win i gain $0.10 in equity

Can someone explain how to set this up ??

Sorry i'm still very new to FX
  • #2
  • Nov 20, 2006 4:24pm Nov 20, 2006 4:24pm
Could you rephrase your question? Are you referring to Gold or Forex?
  • #3
  • Nov 20, 2006 4:31pm Nov 20, 2006 4:31pm
Spot Gold on FX it's ok it's just GCI would'nt allow 0.10 lots and NF do so i'll practice Demo with NF for now

Thanks
  • #4
  • Nov 20, 2006 5:25pm Nov 20, 2006 5:25pm
Quoting marc williams
Hi i want to trade Gold so for each PIP i win i gain $0.10 in equity

Can someone explain how to set this up ??

Sorry i'm still very new to FX
I don't quite understand what you are saying. It sounds like you want to win in the gold market while simultaneously winning in the forex?
A. Finesse Williams Making Millions One Pip At A Time!
  • #5
  • Jan 7, 2007 4:07pm Jan 7, 2007 4:07pm
Quoting marc williams
Spot Gold on FX it's ok it's just GCI would'nt allow 0.10 lots and NF do so i'll practice Demo with NF for now

Thanks
On GCI's "mini" accounts (demo Forex or CFDs) every point on Spot Gold is worth $0,10, even if the unit is one "lot". Same for currency pairs, one "lot" on mini accounts is in reality 0,1 lot.
  • #6
  • Last Post: Jan 7, 2007 4:38pm Jan 7, 2007 4:38pm
oanda offers gold (XAU/USD) with spreds from 30-70 pis and you can traqde from 5 -100.000 units thats what i currently use.
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