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Lesson 7: What is a pip worth in forex? Trade sizes and more ...

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Financial Wars

Financial Wars

Күн бұрын

Пікірлер: 575
@jacktaylor1516
@jacktaylor1516 5 жыл бұрын
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
@shahirzulehsan2818
@shahirzulehsan2818 3 жыл бұрын
This should get more likes so everyone will see
@abrahammartinez3064
@abrahammartinez3064 3 жыл бұрын
yes . I was confused in the video lol thank you!
@dtash5595
@dtash5595 3 жыл бұрын
yeah i was too very puzzle at this point and watched again and again
@johannagooglethestvekstrat610
@johannagooglethestvekstrat610 3 жыл бұрын
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.
@jeabad138
@jeabad138 3 жыл бұрын
Thanks for this. I too was confused when I first watched this that I had to watch the vid again.
@aidan.g.harbach
@aidan.g.harbach Жыл бұрын
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
@xtianhugh
@xtianhugh Жыл бұрын
successful trading takes time. There is always a risk, and it needs to be defined and controlled.
@ian_vertogi
@ian_vertogi Жыл бұрын
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
@rolandyizel Жыл бұрын
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
@aidan.g.harbach
@aidan.g.harbach Жыл бұрын
@@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.
@tobymcavoy_
@tobymcavoy_ Жыл бұрын
@@aidan.g.harbach I couldn't have put it better myself. You are absolutely spot on with this comment.
@ethelbertjohn3845
@ethelbertjohn3845 4 жыл бұрын
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.
@miasantos1482
@miasantos1482 4 жыл бұрын
True, I have been having difficult on my trades. My analysis are always wrong
@shirleybraxten8169
@shirleybraxten8169 4 жыл бұрын
I face quite the challenge with my trades, I lose whatever I put in.
@ethelbertjohn3845
@ethelbertjohn3845 4 жыл бұрын
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.
@carterjwillow3079
@carterjwillow3079 2 жыл бұрын
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
@billyrichardson7237
@billyrichardson7237 2 жыл бұрын
Indeed there no limit to earnings on investing, however the technicality in profiting has always been a major problem faced by investors.
@lewuesonjamie5657
@lewuesonjamie5657 2 жыл бұрын
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
@carterjwillow3079
@carterjwillow3079 2 жыл бұрын
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.
@carterjwillow3079
@carterjwillow3079 2 жыл бұрын
Look up NOUD MIKAN, nine months of consistent results working with him got me convinced.
@alexanderrowan5723
@alexanderrowan5723 2 жыл бұрын
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.
@lemdennis862
@lemdennis862 2 жыл бұрын
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..
@raeford3729
@raeford3729 2 жыл бұрын
You're right sir,
@anthonycollins5505
@anthonycollins5505 2 жыл бұрын
Natural, there's a lot of math involved in cryto trading and forex trading,
@donald6402
@donald6402 2 жыл бұрын
Trading systems allow you to limit the factor of emotional influence on decision-making,
@ericscott853
@ericscott853 2 жыл бұрын
This is very correct.
@leon7580
@leon7580 2 жыл бұрын
To the newbies, you should also note that this data is worthless without an existing understanding of data analysis
@jerryjohn6525
@jerryjohn6525 2 жыл бұрын
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
@emmanuelrichard2677
@emmanuelrichard2677 2 жыл бұрын
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...
@mercy1249
@mercy1249 2 жыл бұрын
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
@festusshedrack4852
@festusshedrack4852 2 жыл бұрын
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...
@lindatomas6988
@lindatomas6988 2 жыл бұрын
Wow I'm shocked someone mentioned and recommend Expert Mrs Hannah i thought I'm the only one trading with her....
@christabel_mm7191
@christabel_mm7191 2 жыл бұрын
You don't need to be stocked because I'm also a huge beneficiary of expert Mrs Hannah
@kinjoseph
@kinjoseph 5 жыл бұрын
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.
@Thy_Riddler
@Thy_Riddler 3 жыл бұрын
I've seen a lot of videos on FX trading but this guy is the best teacher 👌👌
@mikycarterson4770
@mikycarterson4770 3 жыл бұрын
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
@ziyakouliev7220
@ziyakouliev7220 3 жыл бұрын
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
@patrickpeavey6747
@patrickpeavey6747 3 жыл бұрын
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
@bennydrey8114
@bennydrey8114 3 жыл бұрын
Oh you really know expert Melissa...? I'm also a living testimony, she has been trading for me for months now
@faithlaure4871
@faithlaure4871 3 жыл бұрын
How do I get in touch with her please
@mahrasaad6957
@mahrasaad6957 3 жыл бұрын
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
@jamesbundy165
@jamesbundy165 6 жыл бұрын
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.
@irwansamsudin7742
@irwansamsudin7742 6 жыл бұрын
I agreed with your calculation James bundy
@jules7168
@jules7168 6 жыл бұрын
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
@MegaMalik90
@MegaMalik90 6 жыл бұрын
@@irwansamsudin7742 bos ajarin saya dong boss
@majstadollar733
@majstadollar733 6 жыл бұрын
no mistake, you are right
@luogqirana1648
@luogqirana1648 6 жыл бұрын
The way I was battling with this thinking I am miscalculating. Even re started the video a few times.
@garcialucio2554
@garcialucio2554 3 жыл бұрын
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
@julianomelendez3163
@julianomelendez3163 3 жыл бұрын
who do you trade with?
@garcialucio2554
@garcialucio2554 3 жыл бұрын
Mr coleman michael
@julianomelendez3163
@julianomelendez3163 3 жыл бұрын
@@garcialucio2554 wow you with colman too?? sounds interesting, that is my trader as well, and i have been doing just fine
@viriato3157
@viriato3157 3 жыл бұрын
i like how he talks and lays everything out to ones understanding .
@stacyivette8802
@stacyivette8802 3 жыл бұрын
Can you share his contact please, have heard of him on many platforms.?
@cloudlife6505
@cloudlife6505 5 жыл бұрын
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
@timyoon733
@timyoon733 3 жыл бұрын
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
@nirankovit3608
@nirankovit3608 3 жыл бұрын
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
@jeffy9801
@jeffy9801 3 жыл бұрын
I have been learning a lot from Mr Rogan Colbert. He is a blessing to me and my family
@yttoday3076
@yttoday3076 3 жыл бұрын
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.
@alanmarcusgavin8451
@alanmarcusgavin8451 3 жыл бұрын
How can I reach out to Mr Rogan Colbert?
@timyoon733
@timyoon733 3 жыл бұрын
@@alanmarcusgavin8451 You can reach out to Mr Rogan Colbert at
@emmanuelkalu6919
@emmanuelkalu6919 2 жыл бұрын
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.
@experz2077
@experz2077 5 жыл бұрын
Nate be high as hell in there
@slingtrader6903
@slingtrader6903 5 жыл бұрын
Nate be correct sheeple person. Shows you get spoon fed knowledge.
@kJack8420
@kJack8420 4 жыл бұрын
😂
@bradtucker5010
@bradtucker5010 4 жыл бұрын
Everything about Forex is impressive, it is stable and using the *Vlad Ibrahimov Strategy* it gets even better, google it
@ajnasu5099
@ajnasu5099 4 жыл бұрын
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.
@devinpopoff5423
@devinpopoff5423 4 жыл бұрын
NATE ON DAT GAS PACK
@juniormarshallhastings723
@juniormarshallhastings723 4 жыл бұрын
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
@haro722
@haro722 4 жыл бұрын
Yes the 7 mini is $70. The 5 micro( 0.50 cents) x 10 pips = $5 20 Standard( 20 dollars ) x 10 pips = $ 200
@bfreeinjesus2323
@bfreeinjesus2323 4 жыл бұрын
@@haro722 Correction for Stand Lot: 20 x $10 x 10 pips = $2000
@bradkelloway
@bradkelloway 4 жыл бұрын
Ahmad Haneef 20 lot * $10 x 10 = $2000.
@juniormarshallhastings723
@juniormarshallhastings723 4 жыл бұрын
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
@shahirzulehsan2818
@shahirzulehsan2818 3 жыл бұрын
Not 25 dollars, the correct answer is 5 dollars
@bojaiden5175
@bojaiden5175 4 жыл бұрын
Gotta watch this over again..some of us are maths challenged😢
@TheDaves1
@TheDaves1 4 жыл бұрын
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 ,
@jdonovan0801
@jdonovan0801 4 жыл бұрын
Well his math in the last part of the video is wrong should be, in order, $70, $5, and $2000
@gracemedison7475
@gracemedison7475 3 жыл бұрын
Crypto currency is the future, investing in it will be the wisest thing to do especially with the current rise.
@matchertech1923
@matchertech1923 3 жыл бұрын
2020 online stock is just difficult and unbelievable, I'll rather invest my money on crypto
@matchertech1923
@matchertech1923 3 жыл бұрын
People are ignorant of the profitability in bitcoin Investment and that had been their major issues limiting their Investment
@kellywhite6344
@kellywhite6344 3 жыл бұрын
I think investing in crypto under forex will be the wisest thing to do now
@patricksmith5666
@patricksmith5666 3 жыл бұрын
I'm shocked someone just mentioned and recommended expert Mrs Stacy Griffin, all thought she's a nice woman
@philipsteve9405
@philipsteve9405 3 жыл бұрын
I thought I'm the only one that know her, I have lost huge amount of money trying to trade on my own, also got scammed before but today expert Mrs Stacy Griffin has helped me recovered all the losses
@eduardojrbuno8302
@eduardojrbuno8302 3 жыл бұрын
On the last part Since he's saying 10 pips, it should be: Mini lod - 70 Micro - 5 Standard - 2000 Right?
@District7Studio
@District7Studio 3 жыл бұрын
Yes, just caught that as well, 10 pips times 7 is $70 as .7 is $7 per pip
@sebbicash8592
@sebbicash8592 2 жыл бұрын
I remember 2019 I landed on ur lesson and now am a pro indeed.thanks Mr I love u so much am from Uganda
@kabandajamir9844
@kabandajamir9844 2 ай бұрын
The world's best teacher thanks sir
@scotthughes2413
@scotthughes2413 5 жыл бұрын
I found this video very educational, thank you. I will start from the first video now and watch all the way till the end.
@uclinternationaldisability4804
@uclinternationaldisability4804 5 жыл бұрын
7 mini lot - the answer should be $70 (NOT 7) right?
@lionvalley5397
@lionvalley5397 4 жыл бұрын
That's what I come up with - $70
@thomastan4991
@thomastan4991 4 жыл бұрын
mr rob is talking bout lot size not pips ...
@greatstuff3764
@greatstuff3764 4 жыл бұрын
Yes i agree
@ahmedr.
@ahmedr. 4 жыл бұрын
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
@cyberhacker2901
@cyberhacker2901 4 жыл бұрын
Yes
@beatricewillows
@beatricewillows 2 жыл бұрын
Thank you for existing :-)
@tyreeberry23
@tyreeberry23 Жыл бұрын
save my life took me literally a whole day to understand this thank you
@julietudoka9278
@julietudoka9278 4 жыл бұрын
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.
@veniminsurance3260
@veniminsurance3260 4 жыл бұрын
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.
@Thyago2420
@Thyago2420 4 жыл бұрын
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.
@Thyago2420
@Thyago2420 4 жыл бұрын
*(32) 4602 19701* Talk to Alex Paton directly on wa(t)sapp and be sure to make profits from your trades..
@samuelobodoekwe5312
@samuelobodoekwe5312 4 жыл бұрын
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.
@margarettasanjay2718
@margarettasanjay2718 4 жыл бұрын
There has been much talk about discipline in trading, but very little about being an organized trader. It all starts with your trading routine.
@ConsciousCrypto
@ConsciousCrypto 2 жыл бұрын
Best FOrex Fundamentals I've found On KZfaq
@FirasShaahin
@FirasShaahin Жыл бұрын
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.
@Kamrul-ITManager
@Kamrul-ITManager 4 жыл бұрын
Gain/Loss can be calculated using this simple formula = Number of Pips * 10 * Lot Size.
@user-wn4hb1hp3k
@user-wn4hb1hp3k 3 жыл бұрын
I have always been an advocate of the stock market because it pays off handsomely since i decided to invest with Mrs Steve donald
@sibahlehashe2113
@sibahlehashe2113 2 жыл бұрын
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
@stormymonday2k194
@stormymonday2k194 3 жыл бұрын
This is great stuff glad I found your channel. Great companion to the beginners guide to Forex that I’m reading.
@preciousharuna5784
@preciousharuna5784 2 жыл бұрын
One of the best videos I have seen on forex🤲
@mersalsalem811
@mersalsalem811 3 жыл бұрын
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.
@carltube628
@carltube628 5 жыл бұрын
Get involved in our day to day managerial portfolio today for maximum return on investments and timely managerial skills.
@alexsutherland8466
@alexsutherland8466 5 жыл бұрын
I do my investments on this Portfolio.
@alexsutherland8466
@alexsutherland8466 5 жыл бұрын
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
@domingapark261
@domingapark261 5 жыл бұрын
How does the managerial portfolio work and how do I get started?
@carltube628
@carltube628 5 жыл бұрын
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.
@carltube628
@carltube628 5 жыл бұрын
To get more details on how to get started trading,write a mail to benfredricky@ gmailcom ++/ for further info.
@kingnorth2063
@kingnorth2063 2 жыл бұрын
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
@fbell1214
@fbell1214 4 жыл бұрын
8:04 & 8:46 - Poor Nate, got it right the first time lol
@Sym1204
@Sym1204 4 жыл бұрын
Thank you for creating this video. Very useful.
@blackgirlstocks8945
@blackgirlstocks8945 3 жыл бұрын
After several winnings investing with Steve donald trading, i can boldly say investing in stock is profitable because he has a winning strategy
@earnwithsapna7065
@earnwithsapna7065 3 жыл бұрын
Now i understand what it means to win in stock trading he is a genius in stock trading
@black17fireup
@black17fireup 2 жыл бұрын
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?
@ramokatiwandeme9282
@ramokatiwandeme9282 8 ай бұрын
This video was very educational thank you it really clarified things for me
@BOLAMITY
@BOLAMITY Жыл бұрын
Your patience with the smart board was humbling
@JCiscoSys
@JCiscoSys 4 жыл бұрын
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.
@ahmedissack7815
@ahmedissack7815 5 жыл бұрын
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.
@FinancialWars
@FinancialWars 5 жыл бұрын
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!
@adelaidemiguel9117
@adelaidemiguel9117 5 жыл бұрын
@@FinancialWars All the three calculations yielded wrong answers, but I like the explanation is 100% understandable. Thank you.
@justrandomstuff3859
@justrandomstuff3859 5 жыл бұрын
Our guy Nate was right all along lol
@samuelobodoekwe5312
@samuelobodoekwe5312 4 жыл бұрын
Can I make consistent profits trading forex?
@hansyasini9411
@hansyasini9411 4 жыл бұрын
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.
@samuelobodoekwe5312
@samuelobodoekwe5312 4 жыл бұрын
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?
@hansyasini9411
@hansyasini9411 4 жыл бұрын
Join Mr.Sanjay Otter on Telegram *Bearbullyfx* he’s always available. Contact him if you want change in your finances.
@hafzaabdi493
@hafzaabdi493 Жыл бұрын
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
@a1evrthg-273
@a1evrthg-273 4 жыл бұрын
It take alot a patience to be a teacher 👏👏👏👏
@rodneymartinii3732
@rodneymartinii3732 4 жыл бұрын
you are wrong 20 standards on a 10 pip profit = $ 2000,stop giving wrong information
@elizabethchristianson2919
@elizabethchristianson2919 3 жыл бұрын
you are really a great educator. Thank you for doing what you do
@infinphoenix13
@infinphoenix13 4 жыл бұрын
Thank you very much for this video. You're a very good teacher with an awesome method of explanations.
@JCiscoSys
@JCiscoSys 4 жыл бұрын
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.
@MrElomaa
@MrElomaa 5 жыл бұрын
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..
@Julian-lb5np
@Julian-lb5np 3 жыл бұрын
I trade with Mr Anorld Chris and his trading analysis is what amazes me till date.
@richardnowel4838
@richardnowel4838 3 жыл бұрын
The consistency of making high profit trading forex depends on the capacities of the trader
@OneCoolBrotha83
@OneCoolBrotha83 3 жыл бұрын
Best Video on pips breakdown thanks
@kingkobra10
@kingkobra10 6 жыл бұрын
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!
@cyberhacker2901
@cyberhacker2901 4 жыл бұрын
Rob: correction to be made at the end of this lesson, to avoid creating confusion in mind.
@absgiles
@absgiles 4 жыл бұрын
Thanks for the info,a light is being turned on in my head!!
@isaacjames6262
@isaacjames6262 5 ай бұрын
50,000 unit Volume will be 0.5 You will be making 5 Dolars per pip If you made 10 pips profit it is equivalent to 50 dollars
@nicenetwork7546
@nicenetwork7546 4 жыл бұрын
You’re wrong the standard lot at the end you’d make 2000$ if you made 10 pips from 20 different standard lots. 10x10pips is 100x20 lots is 2000$
@donkovi6303
@donkovi6303 4 жыл бұрын
Not only that one is wrong. In the end all of them are wrong. In the case of those 7 mini lots it's 70 dollars (because: 10x1pip is 10x7 lots is 70 dollars) and in the case of those 5 micro lots it's 5 dollars (because: 10x0.1pip is 1x5 lots is 5 dollars).
@RishabhChonkar97
@RishabhChonkar97 4 жыл бұрын
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
@ob6460
@ob6460 3 жыл бұрын
Exactly my thoughts too
@ukangedesmond4156
@ukangedesmond4156 Жыл бұрын
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
@jayoccen7355
@jayoccen7355 4 жыл бұрын
Wow!thank you sir. Very helpful. God bless sir Rob and Nate.
@nickwhite3686
@nickwhite3686 4 жыл бұрын
Very Helpful! Thank you for explaining this properly.
@kmnayak1888
@kmnayak1888 7 ай бұрын
😊 mistake at 8:00...5 micro lot at 10 pips is 5 dollars
@danlionxl
@danlionxl 4 ай бұрын
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?
@SyedM
@SyedM Жыл бұрын
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?
@tracygoins578
@tracygoins578 5 жыл бұрын
In Forex, for every 75 pips profit, what should my stop loss be?
@dickierichards217
@dickierichards217 5 жыл бұрын
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.
@nombulelochili330
@nombulelochili330 5 жыл бұрын
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)
@alaenduokiyefa1633
@alaenduokiyefa1633 5 жыл бұрын
hi, there'sno fixed & definite answer for everyone, depends on individual risk/profit appetite.
@wesleyvan7931
@wesleyvan7931 5 жыл бұрын
It depends on target, usually If I advise 75 pips target to my clients then stoploss would be 60pips
@conradmmotsa3851
@conradmmotsa3851 5 жыл бұрын
45 Pip
@leilabell3939
@leilabell3939 4 жыл бұрын
08:31 - “This is great”. No, it’s wrong
@AndyAnderson-pj8ck
@AndyAnderson-pj8ck 2 ай бұрын
A very informative video, but I think 20 standard lot with 10 pips will give us 2000 dollars
@stevenkia6393
@stevenkia6393 Ай бұрын
Rob & Nick, what is the dollar of trading 7 mini lots at 10 pips. As per your tutorial video. Is it 7 or 70?
@rachealyojka2426
@rachealyojka2426 3 жыл бұрын
Here is an advice for every upcoming trader, first make sure you research for a strategy, secondly if you decide to get a mentor make sure he is a registered investment adviser/broker,these days you have to be careful a good way to start your career is researching *Nicholas Alexander Kelly Method* the strategy is currently working and the creator is registered as well.
@isaacjames6262
@isaacjames6262 5 ай бұрын
Thanks for this tutorial mentor
@prostemarek6072
@prostemarek6072 4 жыл бұрын
I still can't understand. So if i had on my account 1500 $ and would like to buy 0,01 lot of EUR/USD, which value is e.g. 1,1132, it would cost me 1132 $ right? Because micro lot is for 1000 units of the currency. Please help, completly lost.
@SSEnrich
@SSEnrich Жыл бұрын
I doubt anyone will answer. Anyway. I have been trading 3 years on a demo account, and I have never touched the lot size. I just started trading with real money. With my enormous account of 111 $. I still don't touch the lot size. It says 0.01. That can't be right? Because in order to use 0.01 lots your account size must be 1000 $ minimum. Or am I wrong?
@ramonmolina2647
@ramonmolina2647 4 жыл бұрын
If 1 standar Pip its equal to $10 then 20 standar lot size should be $200 so if 20 standar lot size raise 10 pip should be $2,000 correct?
@lukemshdwe5043
@lukemshdwe5043 9 ай бұрын
correct me if I’m wrong so let’s say I put a forex trade on for $1000 and the eur/usd was at 1.18000 an it moved up to 1.18010 that would equal $10 is that correct??? Please please reply thanks
@eiyahtvmovie5481
@eiyahtvmovie5481 5 жыл бұрын
THANK YOU SIR..VERY IMPORMATIVE
@mninawematrose6993
@mninawematrose6993 3 жыл бұрын
Rob has a gift
@shawnlowry
@shawnlowry 3 жыл бұрын
Is it me or Things just not adding up here I have not been trading long but seems the math is a little off. Great video tho you broke it down real well
@Bradamir
@Bradamir 4 жыл бұрын
Watch out below for people pretending to recommend software/mentors. They're all scams. There is no shortcut to trading, you just need to learn slowly before committing your actual money.
@mrwin3511
@mrwin3511 5 жыл бұрын
4:13 was that a seal?
@OneIdeaTooMany
@OneIdeaTooMany 4 жыл бұрын
So I made 2,222 pips on XAUUSD trade with a 0.10 trade size on a USD Forex account and made $222.20 USD which would make it $0.10c per pip for my account. Is that because of my broker? Because it doesn't match Rob's figures...
@creativetips97
@creativetips97 3 жыл бұрын
Can you do another video on calculating pips and its worth
@KuyaAllam
@KuyaAllam 5 жыл бұрын
the best explanation sir. thanks
@quadrocoptologydotcom9340
@quadrocoptologydotcom9340 6 жыл бұрын
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?
@rtothemutha
@rtothemutha 5 жыл бұрын
That's what i'm confused about. I'm like damn, I do know math!
@juhaszfujisawa1134
@juhaszfujisawa1134 5 жыл бұрын
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.
@DoYourOwnThang
@DoYourOwnThang 5 жыл бұрын
3:30-3:54 will clarify the confusion.
@bartosz4512
@bartosz4512 5 жыл бұрын
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.
@pepstoreuk6630
@pepstoreuk6630 5 жыл бұрын
@@rtothemutha Lol.. It's just one of those mistakes, we're supposed to understand that.. he's a great teacher.
@malcolmsteward1141
@malcolmsteward1141 4 жыл бұрын
Forex trading has been a source of income even though I barely trade by myself.
@malcolmsteward1141
@malcolmsteward1141 4 жыл бұрын
Trading with Mike Harry has been the most amazing trading experience i have ever had, i have made over $6k over the months.. Meeting this man has been a blessing , i never thought i would make so much profits in a short period of time
@jeankelly9414
@jeankelly9414 4 жыл бұрын
What a coincidence !!!, i also trade with him Seems you knew him recently. He has been my manager for past three months now. He has totally changed my financial state
@malcolmsteward1141
@malcolmsteward1141 4 жыл бұрын
​@Arnold 564 Mail-
@sambliz276
@sambliz276 4 жыл бұрын
Made a lot from last week,his vision of the effective signals alone assured me of the turnovers.
@shanetteclarke4467
@shanetteclarke4467 4 жыл бұрын
@@malcolmsteward1141 Good afternoon.
@iumengal
@iumengal 2 жыл бұрын
Last bit is wrong, 20 standard lots will make $2000 not $200 on a 20 pip move.
@INNO222
@INNO222 4 жыл бұрын
Great clip Mr.Booker!
@shanetteclarke4467
@shanetteclarke4467 4 жыл бұрын
Yes I did try Mike. unfortunately I was unable to retrieved my capital and profit. I was asked to paid commission upfront in order to get my profit. I was advised by my legal team not to pay anyone comission upront to get money, they have my investment, so they should collect commission and make profit available for withdrawal.
@ericburdon6148
@ericburdon6148 3 жыл бұрын
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. 🧑‍🎓🤷‍♂️
@adamzagorsky7406
@adamzagorsky7406 4 жыл бұрын
For the sake of consistency and keeping things from getting confusing I would avoid saying "0.10 cents" to represent 10 cents. 10 cents is $0.10 not 0.10 cents.
@imani828
@imani828 4 жыл бұрын
8:15 - shouldn't 10 pips with 5 micro-lots = 5 dollars - instead of 5 cents where 1pip with 5 micro lots would make it 50 cents...
@MP-py1ei
@MP-py1ei 4 жыл бұрын
Exactly what I thought 0.10 x 5= 0.5 Then 0.5x10=5
@foreverraining1522
@foreverraining1522 4 жыл бұрын
Your examples starting at 7:50 are WRONG!!!!
@patienceusoh5856
@patienceusoh5856 5 жыл бұрын
I just started iml academy seriously speaking I really understand trade
@steph-se2yw
@steph-se2yw 2 жыл бұрын
Cool your board !
@kutchiitechnologyanalyst6819
@kutchiitechnologyanalyst6819 4 жыл бұрын
Now I got it, Thanks Rob Booker Trading
@omrathor2757
@omrathor2757 4 жыл бұрын
Very nice teaching
@rolandphilip8196
@rolandphilip8196 3 жыл бұрын
Wow, amazing to see fellow investors of steve donald. Am on my 7th trade with him. His strategy has no rivalry
@renemofor7588
@renemofor7588 2 жыл бұрын
I love his lecture
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