Forex trading involves the buying and selling of currencies in order to make a profit. As with any trading activity, there is the potential for both profit and loss. Calculating profit and loss in forex trading is important to understand the success or failure of your trades. In this article, we will explain how to calculate profit and loss in forex trading.
Pips and Lots
Before we dive into calculating profit and loss, it's important to understand the terms "pips" and "lots." A pip is the sma…
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How to calculate profit and loss on forex trading
(412 reads) See also ► Here Are Important Forex Trading Tips For Beginners ► FX Issues? Guinness Posts Over N5 Billion Loss in 2023
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