NAS100 - Page 4 - MyTradingLand.com

@headies25284 - 5 months ago

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

@sizwe_twala

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@kemi_allen_omevia - 5 months ago

Quoted - headies25284

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?

@headies25284

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@headies25284 - 5 months ago

Quoted - kemi_allen_omevia

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

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@headies25284 - 5 months ago

Quoted - kemi_allen_omevia

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

That’s +100 points

👉 At 0.01 lot:

100 × $0.01 = $1 profit

Example 2 (Loss)

You enter a trade

Price goes against you by 50 points

👉 At 0.01 lot:

50 × $0.01 = $0.50 loss

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@headies25284 - 5 months ago

Quoted - headies25284

Example 1 (Profit)

You buy NAS100 at 18,000

Price goes to 18,100

That’s +100 points

👉 At 0.01 lot:

100 × $0.01 = $1 profit

Example 2 (Loss)

You enter a trade

Price goes against you by 50 points

👉 At 0.01 lot:

50 × $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

👉 In that case:

0.01 lot = $0.10 per point (NOT $0.01)

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@headies25284 - 5 months ago

Quoted - headies25284

Some brokers use a different contract size

Instead of:

1 lot = $1 per point

They use:

1 lot = $10 per point

👉 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 → $1 per 100 points → standard

If you see $1 → $10 per 100 points → larger contract

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@melody_nk - 5 months ago

Quoted - kemi_allen_omevia

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?

On paper they say its $0.01 but when you enter the trade you see a different thing

@kemi_allen_omevia

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@headies25284 - 4 months ago

I’m bearish on this pair. Why? The daily timeframe chart shows a clear breakout to the downside with momentum. I will be on the lookout for sells this week.

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