How To Calculate Pips For Bitcoin - Bitcoin Discussion - conwaytransport.com.au Forex Trading Forum

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bitcoin pips calculator

Default. Quote Originally Posted by fembizz. Hello mates in the house, do you know how to calculate the lot size of a bitcoin per a standard pip. In Forex trading, for most currency pairs the value of 1 pip represents a point movement. For currency pairs traded against the Japanese Yen, such as the. All you need to do is Select the trading instrument, account currency and trade size and click on “calculate” to know the pip value. Segment: Crypto Currencies.

Bitcoin pips calculator - opinion

Our Forex and CFD trading calculator helps you decide your trade’s specifics, before you take action. Among other things, you can now:

  1. estimate your trade’s profit or loss
  2. compare your results for different opening and closing rates
  3. calculate the required margin for your positions
  4. get details about pip value.

Glossary

Buy / Sell — By trading Forex & CFDs you can participate on both sides of the marketsrising and falling quotes. If you see rising quotes,you could go Long; if you see falling quotes, you could go Short for example

Commission — With our conwaytransport.com.au4 account, you don`t pay trading commissions on most instruments. Instead, the broker`s compensation is inside our spread. With our conwaytransport.com.au4 account, you benefit from spreads as low as 0 pips, plus a commission.

Contract size — Equivalent to the traded amount on the Forex or CFD market, which is calculated as a standard lot size multiplied with lot amount. The Forex standard lot size represents , units of the base currency. For CFDs and other instruments see details in the contract specification.

Instrument — Also referred to as "Symbol". The trading asset which you Buy or Sell.

Leverage — The ratio of position`s notional value to theamount of margin required for opening a position (e.g. leverage means that EUR , contract requires as low as EUR margin). Change your personal leverage for Forex in our Trader`s Room; Note that for index CFDs the leverage is fixed and not changeable.

Lot — Usual volume term in the Forex trading world (traders talk about a number of"lots" in Forex and usually a number"contracts" with CFDs).

  • refers to 1 standard lot or , units of the base currency.
  • refers to 1 mini lot or 10, units of the base currency.
  • refers to 1 micro lot or 1, units of the base currency.

NB! In case with CFDs, 1 lot = 1 CFD.

Margin — This is how much capital (margin) is needed in order toopenand maintainyour position.

Pip value — Pip stands for percentage in points and it is the most comment increment of currencies. For Forex instruments quoted to the 5th decimal point (e.g. GBPUSD – ) 1 pip is equal to a price increment of ; for Forex instruments quoted to the 3rd place following the decimal point (e.g. USDJPY – ) 1 pip is equal to a price increment of For indices 1 pip is equal to a price increment of , which is also called an Index Point. For other instruments 1 pip is equal to Tick Size.

Profit — Your profit or loss (marked with -) for a trading scenario you calculated.

SWAP / 3x SWAP — For Forex usual on Wednesday (midnight from Wednesday to Thursday, server time) triple swap is charged because it accounts three days at once: Wednesday, Saturday and Sunday. Some instruments (DAX30 and others) charge 3 times Swap on Friday;For further details on individual instrumentpleasesee our "contract details".

Tick — The smallest quote change for an instrument, for example 0, for EUR/USD rolling Forex and 0,1 points for DAX30 index CFD

Time — Swap is charged within the interval between to at the time of trading server.

CP — "Close price" for the certain session is involved in the SWAP calculation for stocks.

Disclaimer

Calculation`s made in the trading calculator are for informational purposes only. Whilst every effort is made to ensure the accuracy of this information, you should not rely upon it as being complete or up to date. Furthermore this information may be subject to change at any time.

Источник: conwaytransport.com.au
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