Calculating your profit or loss in forex trading is simple once you know the questrade review pip value for your trade. By multiplying the pip value by the number of pips the price moves, you can determine how much money you’ve gained or lost on a position. In the Forex trading, the terms “pip” and…
Additionally, Lime Fx maintains a comprehensive FAQ section and provides educational resources on its website, empowering traders with the tools to address common queries independently. Traders can access the global markets and manage their portfolio from a range of desktop, web and mobile trading platforms for Android and iOS devices. Traders have a choice of…
The exchange rates may fluctuate due to several actors like economic indicators, geopolitical events, and market sentiment etc. Note that these orders will only accept prices in the profitable zone. A simple stop-loss system for each trade, such as a 10-pip stop loss, is possible. However, this limits the trade’s ability to adjust trading parameters…