Mistake about 9:00 or so... Rob isn't changing the pip value to reflect the number of lots 1 micro lot (.01) = .10 per pip 5 micro lots (.05) = .50 per pip x 10 pips = $5 1 mini lot (.1) = $1 per pip 7 mini lots (.7) = $7 per pip x 10 pips = $70 1 standard lot (1) = $10 per pip 20 standard lots (20) = $200 per pip x 10 pips = $2000
This is glorious, been searching for "what is higher high and lower low?" for a while now, and I think this has helped. Have you ever tried - *The Semyon Tchernenko Strategy* - (Have a quick look on google and can't remember the place now ) ? It is a good one of a kind product for discovering how to conquer options trading minus the normal expense. I've used and trust the system of trading.
Truly appreciate how detailed this video is. Most traders are searching for that elusive method where they never lose or can win eight or nine trades out of 10, amassing huge profits in a short amount of time with no risk, which I'd say is ill advised
Those traders will learn ne way or another. Trading is like anything in this life...if you go unprepared, you will be burnt. only a few have turned $1,000 into hundreds of thousands. Most people will not.
@@rolandyizel It's best to experiment with what works for you, understand it, and stick to it. Trading is mentally taxing. Not everyone is built for the ups and downs as they come; you're probably better off hiring an expert advisor to trade for you. It's a safer way to reduce risk and earn while taking your time to learn the ropes.
NICE VIDEO..... I HAVE BEEN TRADING FOR MONTHS NOW. I KEEP MAKING MORE LOSS TRADE WRONG COINS PLEASE I NEED SOME KIND OF ASSIST OR ADVICE ON WHAT TO DO
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade. I will advice you to stop trading on your own it's very risky. Seek advice of a professional trader...
Sorry dear, I can suggest you reach out to a professional. I have been able to thrive on my trades these past few months thanks to Expertjoefx on telegram, his help me make consistent income on my little investments.
There really is no limitation when you k now what you doing, it’s fascinating how profitable investing can be with so many parts to profit from, through and through I’m grateful for professional guidance
So true, getting in has always been easy, knowing when to get out so as to ensure lucrative outcome has been my issue, What guidance ? Do your mind elaborating if it helps
For starters understanding that however profitable the market is, professionalism and expertise comes to play a major role in ensuring profitable trades. I’ve had my share of losses trying it independently at the onset of my career.
OH MY!!! I’ve been opportune to read about Mikan predictions on the NFP report and it did check out. He’s quite experienced and knowledgeable about it, I made my first big win with him as a result of that prediction.
Hi Rob, Thanks for the lecture and most importantly not creating followers but learners. 10pips on 20 standard Lot , when each pip is =$10, after a second thought I got this. (10X20) $10 =$2000 Thanks Rob.
This was great, I been tryin to find out about "forex pip value formula" for a while now, and I think this has helped. Have you ever come across - Eiyaayce Stupefying Expediency - (search on google )? It is a good one of a kind product for discovering how to master this simple wining forex strategy without the headache. Ive heard some awesome things about it and my cousin got amazing success with it.
Good lesson, though an error in calculation occurred towards the end of the class... I got confused with the pip calculation exercise, It was terrible to me... And at first your student got the first answer of $70 but Rob said $7 so the poor student have no choice than to agree with his masters answer.
Rob, thanks for all the info. I am having a problem w/ the math. Your examples are: 10 pips w/ 7 mini lots and your answer was $7. Isn't Nate actually correct w/ $70? Mini lot pip value = $1, # of pips 10, # of lots 7. 10 pips w/ 5 micro lots. Micro lot pip value = $0.10, # of pips = 10, # of lots = 5 for $5. 10 pips w/ 20 standard lots. Standard lot pip value = $10, # of pips = 10, # of lots = 20 for $2000. Please point out the mistake I am making.
I am a full time forex trader who left 9-5 job with good pay and followed the passion to become full time trader and I can say the fear of losing is what keeps people away from trading forex.
Reading and understanding how the forex market operates, will definitely give you an edge in trading forex followed by getting guidance from a reliable broker.
I opened my account with Wes Grafton a while back and have stayed with him ever since. He has the best equity delivery service out there. If you’re looking to get into forex and make money from trading. I advise you reach out to Wes Grafton. you can... *Wesgrafton(a) g ma il. c om* ... Or... *(61) -480-023-771* Talk to Wes Grafton directly on wa(t)sapp and get started!
I definitely need someone to mentor me on how to trade and invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating
I lost about $1,300 by trading myself before I was linked to Mrs Melissa and believe me she helped me recover the $1,300 and made an extra of $7,000 in the space of a week
i'm now a proud owner of a huge casino, some thing that has always been my dream is now accomplished in no time thanks to this amazing trader, its not even up to a year, and such a huge difference has been made in my life
7:52 There is a correction 7 Mini Lots at 10 Pips - 7 Mini Lots x $1 x 10 Pips = $70 5 Micro Lots at 10 Pips - 5 Micro x $0.50 x 10 Pips = $25 20 Standard Lot at 10 Pips - 20 Standard x $10 x 10 Pips = $2000
NOBODY BECOMES A MILLIONAIRE OR A BILLIONAIRE BY WORKING FOR OTHERS AND DEPENDING ON THEM, G0OD INVESTMENT BRING MILLIONS OF DOLLARS, AND CONSISTENCY BRING BILLIONS, THE MARKET IS ALL ABOUT BTC AT THE MOMENT NOW..
I do my investment portfolio with manager Ben here. He Ben takes care of all my investment needs, paper work, documentation, filing and so on. It gives me enough time to focus on my daily job and worry less about my investments
Hello Dominga. Portfolio management Best portfolio management practice runs on the principle of minimum risk and maximum return within a given time frame and the Portfolio manager (In this case Ben Fredrick) is charged with the activity of creating and managing trade and investment allocations for private clients and institutional investors, also develops and implements investment strategies for individuals or institutional investors.
I'm the same ,every video I'm watching about 30 times , and going back and fourth ,, I do get it evetually , it's all worth it though to know what your doing ,
This was so helpful, I needed to learn these asap. I was fortunate to receive indicators from a friend that really helped with analyzing the chart and filter all the noise that makes you paranoid when trading. If you want to be successful in forex or any trading you need Customized indicators that have been analyzed for years.
I love your content and also for the fact that I got to know about *Mr Rogan Colbert* here. Investing with him has been the best decision I made this year. Even without having much insight about forex trading I'm still earning like a pro because of his teachings and trading strategy
After so many failed attempts in forex investment, a friend of mine told me about Mr Rogan Colbert and ever since I’ve been earning passive income weekly
A friend of mine told me about Mr Rogan and I decided to give him a try, after 7 days of investing I got my profit. Ever since he has been the one handling my trades and I’ve made over $100k within a short period of time.
Omg this youtube has so much info while i lost i finally found this account i really appreciate it the work you did 😮the way he explained it everything was awesome
If you're new to trading, you might well wonder if it's really possible to make a living from currency trading, given that the overwhelming majority of small traders do not.
Yes, it's definitely possible to make a consistent income from forex trading. The issue with many beginner traders is that they underestimate the level of commitment required to really succeed.
Making a consistent income off trading Forex definitely requires help from those pro traders who have come before us. I do my trades with Mr Alex’s platform.
In any case, the odds of you building a successful trading career are good if you strat acting like a professional trader, with realistic goals set in place and a sound trading strategy with a positive expectancy.
I began to watch your video just now about how to calculate pips and I'm getting something from your lesson after I have been watching my age people's video both didn't work I decide to change myself and focus to the elders
I keep calculating the last example but my answer comes out different. If you made 10 pips on 20 standard lots the usd amount will be $2000. 20 x $100 (10 pip) = $2000. Correct me if I am wrong.
Thanks Rob, I see there's a bit more involved, I opened a account here in Canada getting excited, wish I had a tutor for a few days, keep it coming, have a great week..
How much would be a safe % to leverage of your total account if you were trading with 1:100, 1:500, or 1:1000 leverage? There is a lot of talk about risking just 1-2% or maybe 5% of your account, but wouldn't all of this depend on your leverage? Or maybe I'm confused. Let me know!
Great videos to understand very important fundamental concepts. I've been binge watching them as review. Btw, I'm sure you already know this but you wrote in the board ".10 cents" and refered to it as "10 cents". Not complaining, I know what you meant, I just know that this little thing would drive the math freaks crazy lol. Thanks for making the videos and I hope you keep them coming.
Nice lesson but I've a question. Does leverage have anything to do with this! Same pips, same lot but different leverage, will the profit or loss differ?
8:15 You have made 10 pips on 5 micro lots. How much have made? One micro lot is worth 10 cents per pip movement. Five micro lots is 5 times 10 cents is 50 cents per pip. Ten pips is 10 times 50 cents = 5 usd. Am i right or wrong because my head is hurting from all the calculations. You said the answer is 50 cents. 🧑🎓🤷♂️
Regarding the quiz at the end of the video, the answers are incorrect. You should correct them so newbies don't get confused. The answers would be correct for 1 pip but not for 10 pips. You were probably thinking 1 pip but saying 10 pips. Good luck and keep them coming.
Your calculations are wrong. In the final example, you said that 20 standard lot gives you a profit of 200 usd. How so? Shouldn't it be 2000 usd? Like 20x10x10=2000.
I know - I made a really dumb mistake in this video and I’m going to upload a new one without the error - I really am sorry about that. And thanks for watching!
Damien Salvador Yes, you very much can, all you need to succeed is professional mentoring and the right strategies. Most people make a lot on this market. Just learn and understand.
I use stops (locks) not more than 15-20 pips. If market have big volatility, then stop-loss can be 25-30 pips. It happens quite rare. If your strategy can bring you 75 pips profit from 1 order, then try to enter the market on the point where you can put stop-loss not more than 15-20 pips.
A better question to ask-Why am I always being stopped out and what combination of risk to reward will enable me to enter and exit with a consistent profit over time? Next, you want to spend some serious time educating yourself about everything you can related to trading. (telegram: Dr_jamesethan)
but i been trading for years and .01 lot sizes always nets 1 penny per pip, i understand this guys trying to be professional but i know im not missing something.. am i? is he counting the pip as the 4th or the 5th decimal place?
I have a really good day job yes? but I needed an alternative source of income so I looked into trading Forex, And today I make thousands of dollars while I sleep thanks to *Dmitry Vladislav* 's account management program, he also has a strategy called the *Blended Model Strategy* that my colleague has been using to trade on her own and she makes thousands of dollars daily. you guys can search the strategy on google for more information.
I actually know Jordan Arnold, i trade using his strategies, it's pretty awesome and very easy to trade with. I make over $7000 in a week using his strategy, shows how great a trader Jordan is.
Mistake about 9:00 or so...
Rob isn't changing the pip value to reflect the number of lots
1 micro lot (.01) = .10 per pip
5 micro lots (.05) = .50 per pip x 10 pips = $5
1 mini lot (.1) = $1 per pip
7 mini lots (.7) = $7 per pip x 10 pips = $70
1 standard lot (1) = $10 per pip
20 standard lots (20) = $200 per pip x 10 pips = $2000
This should get more likes so everyone will see
yes . I was confused in the video lol thank you!
yeah i was too very puzzle at this point and watched again and again
This is glorious, been searching for "what is higher high and lower low?" for a while now, and I think this has helped. Have you ever tried - *The Semyon Tchernenko Strategy* - (Have a quick look on google and can't remember the place now ) ? It is a good one of a kind product for discovering how to conquer options trading minus the normal expense. I've used and trust the system of trading.
Thanks for this. I too was confused when I first watched this that I had to watch the vid again.
Truly appreciate how detailed this video is. Most traders are searching for that elusive method where they never lose or can win eight or nine trades out of 10, amassing huge profits in a short amount of time with no risk, which I'd say is ill advised
successful trading takes time. There is always a risk, and it needs to be defined and controlled.
Those traders will learn ne way or another. Trading is like anything in this life...if you go unprepared, you will be burnt. only a few have turned $1,000 into hundreds of thousands. Most people will not.
The things is some strategies are extremely hard to understand and it’s not really easy to incorporate into my trading plan, it’s really exhausting
@@rolandyizel It's best to experiment with what works for you,
understand it, and stick to it. Trading is mentally taxing.
Not everyone is built for the ups and downs as they come;
you're probably better off hiring an expert advisor to trade for you.
It's a safer way to reduce risk and earn while taking your time to learn the ropes.
@@aidanharbach I couldn't have put it better myself.
You are absolutely spot on with this comment.
NICE VIDEO..... I HAVE BEEN TRADING FOR MONTHS NOW. I KEEP MAKING MORE LOSS TRADE WRONG COINS PLEASE I NEED SOME KIND OF ASSIST OR ADVICE ON WHAT TO DO
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade. I will advice you to stop trading on your own it's very risky. Seek advice of a professional trader...
That's true most people today have been having a lot of failure in forex and crypto sector because of poor orientation and bad expert
I will advice you to trade with Mrs Hannah she's legit and her method works like magic i keep on earning every single week with her new strategies...
Wow I'm shocked someone mentioned and recommend Expert Mrs Hannah i thought I'm the only one trading with her....
You don't need to be stocked because I'm also a huge beneficiary of expert Mrs Hannah
A really good video, I think all beginners ought to watch these. Forex can be complicated if you lack the basic knowledge needed to become successful.
True, I have been having difficult on my trades. My analysis are always wrong
I face quite the challenge with my trades, I lose whatever I put in.
Sorry dear, I can suggest you reach out to a professional. I have been able to thrive on my trades these past few months thanks to Expertjoefx on telegram, his help me make consistent income on my little investments.
You are great at explaining pips and what they are worth. It took me 5 videos to finally feel comfortable on how to properly calculate pips
There really is no limitation when you k now what you doing, it’s fascinating how profitable investing can be with so many parts to profit from, through and through I’m grateful for professional guidance
Indeed there no limit to earnings on investing, however the technicality in profiting has always been a major problem faced by investors.
So true, getting in has always been easy, knowing when to get out so as to ensure lucrative outcome has been my issue,
What guidance ? Do your mind elaborating if it helps
For starters understanding that however profitable the market is, professionalism and expertise comes to play a major role in ensuring profitable trades. I’ve had my share of losses trying it independently at the onset of my career.
Look up NOUD MIKAN, nine months of consistent results working with him got me convinced.
OH MY!!!
I’ve been opportune to read about Mikan predictions on the NFP report and it did check out. He’s quite experienced and knowledgeable about it, I made my first big win with him as a result of that prediction.
I've seen a lot of videos on FX trading but this guy is the best teacher 👌👌
Hi Rob,
Thanks for the lecture and most importantly not creating followers but learners. 10pips on 20 standard Lot , when each pip is =$10, after a second thought I got this. (10X20) $10 =$2000 Thanks Rob.
Nate be high as hell in there
Nate be correct sheeple person. Shows you get spoon fed knowledge.
😂
Everything about Forex is impressive, it is stable and using the *Vlad Ibrahimov Strategy* it gets even better, google it
This was great, I been tryin to find out about "forex pip value formula" for a while now, and I think this has helped. Have you ever come across - Eiyaayce Stupefying Expediency - (search on google )?
It is a good one of a kind product for discovering how to master this simple wining forex strategy without the headache. Ive heard some awesome things about it and my cousin got amazing success with it.
NATE ON DAT GAS PACK
Good lesson, though an error in calculation occurred towards the end of the class... I got confused with the pip calculation exercise, It was terrible to me... And at first your student got the first answer of $70 but Rob said $7 so the poor student have no choice than to agree with his masters answer.
Rob, thanks for all the info. I am having a problem w/ the math. Your examples are:
10 pips w/ 7 mini lots and your answer was $7. Isn't Nate actually correct w/ $70? Mini lot pip value = $1, # of pips 10, # of lots 7.
10 pips w/ 5 micro lots. Micro lot pip value = $0.10, # of pips = 10, # of lots = 5 for $5.
10 pips w/ 20 standard lots. Standard lot pip value = $10, # of pips = 10, # of lots = 20 for $2000. Please point out the mistake I am making.
I agreed with your calculation James bundy
Yup. If 1 Lot is $10 per pip and 10 pips = $100, then multiply $100 by 20 and it's $2000. You can notice he's confused @ 8:58 ;). Peace
@@irwansamsudin7742 bos ajarin saya dong boss
no mistake, you are right
The way I was battling with this thinking I am miscalculating. Even re started the video a few times.
I remember 2019 I landed on ur lesson and now am a pro indeed.thanks Mr I love u so much am from Uganda
I found this video very educational, thank you. I will start from the first video now and watch all the way till the end.
I am a full time forex trader who left 9-5 job with good pay and followed the passion to become full time trader and I can say the fear of losing is what keeps people away from trading forex.
Reading and understanding how the forex market operates, will definitely give you an edge in trading forex followed by getting guidance from a reliable broker.
How can I start trading stocks please, I want to invest.
I opened my account with Wes Grafton a while back and have stayed with him ever since. He has the best equity delivery service out there. If you’re looking to get into forex and make money from trading. I advise you reach out to Wes Grafton. you can... *Wesgrafton(a) g ma il. c om* ... Or... *(61) -480-023-771* Talk to Wes Grafton directly on wa(t)sapp and get started!
I thought forex was a big joke but I got educated on it and started trading with Wes grafton. I’m glad I decided to get on it!
Grafton you helped me understand how to make profit from trading forex faster than anywhere I’ve tried to before. You’re a master.
Best FOrex Fundamentals I've found On TH-cam
The world's best teacher thanks sir
I definitely need someone to mentor me on how to trade and invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating
You are right but the market is profiting if you are using really a good broker or account manager to help out with trades or provide signals
I'll recommend Expert Mrs Melissa to you. She's the very best ive seen in her skills. She trades my fx account and makes me good profits 📈 weekly
Oh you really know expert Melissa...? I'm also a living testimony, she has been trading for me for months now
How do I get in touch with her please
I lost about $1,300 by trading myself before I was linked to Mrs Melissa and believe me she helped me recover the $1,300 and made an extra of $7,000 in the space of a week
save my life took me literally a whole day to understand this thank you
i'm now a proud owner of a huge casino, some thing that has always been my dream is now accomplished in no time thanks to this amazing trader, its not even up to a year, and such a huge difference has been made in my life
who do you trade with?
Mr coleman michael
@@garcialucio2554 wow you with colman too?? sounds interesting, that is my trader as well, and i have been doing just fine
i like how he talks and lays everything out to ones understanding .
Can you share his contact please, have heard of him on many platforms.?
7 mini lot - the answer should be $70 (NOT 7) right?
That's what I come up with - $70
mr rob is talking bout lot size not pips ...
Yes i agree
mini lot = 0.1 lot
1 pip value in a mini lot = 1 currency unit
if you trade 7 mini lots, each pip change will translate to 7 currency units
Yes
Thank you for existing :-)
7:52 There is a correction
7 Mini Lots at 10 Pips - 7 Mini Lots x $1 x 10 Pips = $70
5 Micro Lots at 10 Pips - 5 Micro x $0.50 x 10 Pips = $25
20 Standard Lot at 10 Pips - 20 Standard x $10 x 10 Pips = $2000
Yes the 7 mini is $70.
The 5 micro( 0.50 cents) x 10 pips = $5
20 Standard( 20 dollars ) x 10 pips = $ 200
@@haro722 Correction for Stand Lot: 20 x $10 x 10 pips = $2000
Ahmad Haneef 20 lot * $10 x 10 = $2000.
Ahmad Haneef Let me explain:
1 Standard lot =$10
20 Standard lots = $10 x 20 = $200
20 Standard Lots x 10 pips = ?
$200 x 10 pips = $2,000
Not 25 dollars, the correct answer is 5 dollars
NOBODY BECOMES A MILLIONAIRE OR A
BILLIONAIRE BY WORKING FOR OTHERS
AND DEPENDING ON THEM, G0OD
INVESTMENT BRING MILLIONS OF DOLLARS,
AND CONSISTENCY BRING BILLIONS,
THE MARKET IS ALL ABOUT BTC AT THE
MOMENT NOW..
You're right sir,
Natural, there's a lot of math involved in
cryto trading and forex trading,
Trading systems allow you to limit the
factor of emotional influence on
decision-making,
This is very correct.
To the newbies, you should also note
that this data is worthless without an
existing understanding of data analysis
In the example using mini lot; 10 pips in 7 mini lot not is $7.00 dollars per pip, I think it is $70.00 dollars per pip. ¿I'm right?
One of the best videos I have seen on forex🤲
On the last part Since he's saying 10 pips, it should be:
Mini lod - 70
Micro - 5
Standard - 2000
Right?
Yes, just caught that as well, 10 pips times 7 is $70 as .7 is $7 per pip
Get involved in our day to day managerial portfolio today for maximum return on investments and timely managerial skills.
I do my investments on this Portfolio.
I do my investment portfolio with manager Ben here. He Ben takes care of all my investment needs, paper work, documentation, filing and so on. It gives me enough time to focus on my daily job and worry less about my investments
How does the managerial portfolio work and how do I get started?
Hello Dominga. Portfolio management Best portfolio management practice runs on the principle of minimum risk and maximum return within a given time frame and the Portfolio manager (In this case Ben Fredrick) is charged with the activity of creating and managing trade and investment allocations for private clients and institutional investors, also
develops and implements investment strategies for individuals or institutional investors.
To get more details on how to get started trading,write a mail to benfredricky@ gmailcom ++/ for further info.
Gotta watch this over again..some of us are maths challenged😢
I'm the same ,every video I'm watching about 30 times , and going back and fourth ,, I do get it evetually , it's all worth it though to know what your doing ,
Well his math in the last part of the video is wrong should be, in order, $70, $5, and $2000
This was so helpful, I needed to learn these asap. I was fortunate to receive indicators from a friend that really helped with analyzing the chart and filter all the noise that makes you paranoid when trading. If you want to be successful in forex or any trading you need Customized indicators that have been analyzed for years.
I love your content and also for the fact that I got to know about *Mr Rogan Colbert* here. Investing with him has been the best decision I made this year. Even without having much insight about forex trading I'm still earning like a pro because of his teachings and trading strategy
After so many failed attempts in forex investment, a friend of mine told me about Mr Rogan Colbert and ever since I’ve been earning passive income weekly
I have been learning a lot from Mr Rogan Colbert. He is a blessing to me and my family
A friend of mine told me about Mr Rogan and I decided to give him a try, after 7 days of investing I got my profit. Ever since he has been the one handling my trades and I’ve made over $100k within a short period of time.
How can I reach out to Mr Rogan Colbert?
@@alanmarcusgavin8451 You can reach out to Mr Rogan Colbert at
8:04 & 8:46 - Poor Nate, got it right the first time lol
Wow great and wonderful explanation. I’ve been confused my the lot size explanation but I’m clear now!
But Man! Camera-man and his maths. Lol
This is great stuff glad I found your channel. Great companion to the beginners guide to Forex that I’m reading.
4:13 was that a seal?
Thank you for creating this video. Very useful.
Omg this youtube has so much info while i lost i finally found this account i really appreciate it the work you did 😮the way he explained it everything was awesome
If you're new to trading, you might well wonder if it's really possible to make a living from currency trading, given that the overwhelming majority of small traders do not.
Yes, it's definitely possible to make a consistent income from forex trading. The issue with many
beginner traders is that they underestimate the level of commitment required to really succeed.
Making a consistent income off trading Forex definitely requires help from those pro traders who have come before us. I do my trades with Mr Alex’s platform.
*(32) 4602 19701* Talk to Alex Paton directly on wa(t)sapp and be sure to make profits from your trades..
In any case, the odds of you building a successful trading career are good if you strat acting like a professional trader, with realistic goals set in place and a sound trading strategy with a positive expectancy.
There has been much talk about discipline in trading, but very little about being an organized trader. It all starts with your trading routine.
I began to watch your video just now about how to calculate pips and I'm getting something from your lesson after I have been watching my age people's video both didn't work I decide to change myself and focus to the elders
you are really a great educator. Thank you for doing what you do
Hello Rob, can you please send me the formula on how to calculate how much I will get when I trade 10pips with 0.2 lot size on USD/JPY
I keep calculating the last example but my answer comes out different. If you made 10 pips on 20 standard lots the usd amount will be $2000. 20 x $100 (10 pip) = $2000. Correct me if I am wrong.
Best Video on pips breakdown thanks
I love his lecture
Thank you very much for this video. You're a very good teacher with an awesome method of explanations.
It take alot a patience to be a teacher 👏👏👏👏
This video was very educational thank you it really clarified things for me
Thanks Rob, I see there's a bit more involved, I opened a account here in Canada getting excited, wish I had a tutor for a few days, keep it coming, have a great week..
Gain/Loss can be calculated using this simple formula = Number of Pips * 10 * Lot Size.
How much would be a safe % to leverage of your total account if you were trading with 1:100, 1:500, or 1:1000 leverage? There is a lot of talk about risking just 1-2% or maybe 5% of your account, but wouldn't all of this depend on your leverage? Or maybe I'm confused. Let me know!
Rob & Nick, what is the dollar of trading 7 mini lots at 10 pips. As per your tutorial video. Is it 7 or 70?
Great videos to understand very important fundamental concepts. I've been binge watching them as review. Btw, I'm sure you already know this but you wrote in the board ".10 cents" and refered to it as "10 cents". Not complaining, I know what you meant, I just know that this little thing would drive the math freaks crazy lol. Thanks for making the videos and I hope you keep them coming.
Mr Michael, your passion for trading inspires me to follow my dreams.
Thanks for this tutorial mentor
Nice lesson but I've a question. Does leverage have anything to do with this! Same pips, same lot but different leverage, will the profit or loss differ?
Wow!thank you sir. Very helpful. God bless sir Rob and Nate.
How do I get other of your videos?
8:15 You have made 10 pips on 5 micro lots. How much have made? One micro lot is worth 10 cents per pip movement. Five micro lots is 5 times 10 cents is 50 cents per pip. Ten pips is 10 times 50 cents = 5 usd. Am i right or wrong because my head is hurting from all the calculations. You said the answer is 50 cents. 🧑🎓🤷♂️
Very Helpful! Thank you for explaining this properly.
Regarding the quiz at the end of the video, the answers are incorrect. You should correct them so newbies don't get confused. The answers would be correct for 1 pip but not for 10 pips. You were probably thinking 1 pip but saying 10 pips. Good luck and keep them coming.
Very nice teaching
Your calculations are wrong. In the final example, you said that 20 standard lot gives you a profit of 200 usd. How so? Shouldn't it be 2000 usd? Like 20x10x10=2000.
I know - I made a really dumb mistake in this video and I’m going to upload a new one without the error - I really am sorry about that. And thanks for watching!
@@FinancialWars All the three calculations yielded wrong answers, but I like the explanation is 100% understandable. Thank you.
Our guy Nate was right all along lol
the best explanation sir. thanks
Can I make consistent profits trading forex?
Damien Salvador Yes, you very much can, all you need to succeed is professional mentoring and the right strategies. Most people make a lot on this market. Just learn and understand.
Fredrick Orlando, Can you be of assistance, I’m looking to get an expert to invest with. And manage my account. How can I meet one?
Join Mr.Sanjay Otter on Telegram *Bearbullyfx* he’s always available. Contact him if you want change in your finances.
Great clip Mr.Booker!
Thanks for the info,a light is being turned on in my head!!
Does the PIP value depend on leverage also?😀
Great content, I have a question, What is BTC and indices worth per pip?
This video was very interesting, but I’m sure the smallest lot size as of now is nano lot which is 100 units correct me if I’m wrong
Which app he using
Beautiful explanations
Amazing video. Thanks!
Now I got it, Thanks
Rob Booker Trading
thank you Rob
Your patience with the smart board was humbling
How much money should you have in your account to be in each level
Can you do another video on calculating pips and its worth
In Forex, for every 75 pips profit, what should my stop loss be?
I use stops (locks) not more than 15-20 pips. If market have big volatility, then stop-loss can be 25-30 pips. It happens quite rare.
If your strategy can bring you 75 pips profit from 1 order, then try to enter the market on the point where you can put stop-loss not more than 15-20 pips.
A better question to ask-Why am I always being stopped out and what combination of risk to reward will enable me to enter and exit with a consistent profit over time?
Next, you want to spend some serious time educating yourself about everything you can related to trading. (telegram: Dr_jamesethan)
hi, there'sno fixed & definite answer for everyone, depends on individual risk/profit appetite.
It depends on target, usually If I advise 75 pips target to my clients then stoploss would be 60pips
45 Pip
WOW great lesson!
thanks a lot, it was very helpful to me.
Well thought Sir
Cool your board !
Rob: correction to be made at the end of this lesson, to avoid creating confusion in mind.
Love this video. Thanks
THANK YOU SIR..VERY IMPORMATIVE
Rob has a gift
I just started iml academy seriously speaking I really understand trade
Great content.
but i been trading for years and .01 lot sizes always nets 1 penny per pip, i understand this guys trying to be professional but i know im not missing something.. am i? is he counting the pip as the 4th or the 5th decimal place?
That's what i'm confused about. I'm like damn, I do know math!
I have a really good day job yes? but I needed an alternative source of income so I looked into trading Forex, And today I make thousands of dollars while I sleep thanks to *Dmitry Vladislav* 's account management program, he also has a strategy called the *Blended Model Strategy* that my colleague has been using to trade on her own and she makes thousands of dollars daily. you guys can search the strategy on google for more information.
3:30-3:54 will clarify the confusion.
I actually know Jordan Arnold, i trade using his strategies, it's pretty awesome and very easy to trade with.
I make over $7000 in a week using his strategy, shows how great a trader Jordan is.
@@rtothemutha Lol.. It's just one of those mistakes, we're supposed to understand that..
he's a great teacher.
The question is how would leverage effect all this if 10 pips with 1 std lot make you 100 dollar what would be tge leverage?
is one pip always going to be 10 cents?
8:15 - It should be $5
1 pips of micro = 10 cents
10 pips of micro = 100 cents or $1
10 pips of 5 micro = $1 x 5 = $5
Exactly my thoughts too
if in USD right? not if using another currency
Your paperclip joke got you a like on its own... lol
Thanks Rob!
You’re welcome!!
08:31 - “This is great”. No, it’s wrong
Excuse me sir whats a pip give it some light am new in the field
What is a trade time in USA on forex
Good man ❤
Thank you
Good lessons thanks