NAS100
This is what you wanted me to do, let the trade ride right? Well , I have secured enough profits. I can close now. Thank you.
Here is the image pls
I want to believe the lotsize for this pair is dependent on the broker cos what you just explained I have also experienced it in the past.
Yup but my other question wasn't answered, I asked how much each pip is worth when trading NAS100. If I want to trade 0.01 lot size how much will each pip be worth in USD?
Yup but my other question wasn't answered, I asked how much each pip is worth when trading NAS100. If I want to trade 0.01 lot size how much will each pip be worth in USD?
Ohh, i will help calculate and revert back. Thank you
Yup but my other question wasn't answered, I asked how much each pip is worth when trading NAS100. If I want to trade 0.01 lot size how much will each pip be worth in USD?
Example 1 (Profit)
You buy NAS100 at 18,000
Price goes to 18,100
Thatβs +100 points
π At 0.01 lot:
100 Γ $0.01 = $1 profit
Example 2 (Loss)
You enter a trade
Price goes against you by 50 points
π At 0.01 lot:
50 Γ $0.01 = $0.50 loss
Example 1 (Profit)
You buy NAS100 at 18,000
Price goes to 18,100
Thatβs +100 points
π At 0.01 lot:
100 Γ $0.01 = $1 profit
Example 2 (Loss)
You enter a trade
Price goes against you by 50 points
π At 0.01 lot:
50 Γ $0.01 = $0.50 loss
Some brokers use a different contract size
Instead of:
1 lot = $1 per point
They use:
1 lot = $10 per point
π In that case:
0.01 lot = $0.10 per point (NOT $0.01)
Some brokers use a different contract size
Instead of:
1 lot = $1 per point
They use:
1 lot = $10 per point
π In that case:
0.01 lot = $0.10 per point (NOT $0.01)
How to be 100% sure (best method)
Do this on your platform:
Open a 0.01 lot trade
Let price move 10 points
Check profit/loss
If you see $0.10 β $1 per 100 points β standard
If you see $1 β $10 per 100 points β larger contract