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Forex Trading How to convert Pips to percent gained?
avatar Fxcarebear
Question by: Fxcarebear - 04 May 2017, 06:59:44
How to convert Pips to percent gained?
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Answers (1)
avatar user 12423
Answer by: Pipmaster - 04 May 2017, 07:05:49

The calculation would be done this way: In a dollar-denominated account, the pip-value for the EUR/USD is $1 per pip, per mini-lot. This trade involved 3 mini-lots. Therefore, the pip-value for this trade is $3 per pip. The trade netted 200 pips in profit, which is worth $600 total for the trade.

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