| Question on margins and pips and dollars Hi All,
I'm not sure i've got this quite right so i'm coming here for some help. I'm demo'ing off of MT4. I just started a new demo account with 10k and a ratio of 50:1. So, when i trade with MT4 my intention is to pretend i actually put in 10k of my own money.
What i would like to know is when i look at my trade is the number on the far right my actual money (assuming it was real money) or is it the pips?
I tried getting an account for 10k with a ratio of 1:1 and it said i never had enough money. So, i guess when i am about to do a trade and i look at the pulldown and it says .10 .20 .30 .40 etc. etc that is out of what? .10 out of a 100,000 or a 1,000,000?
Thanks in advance for any kind responses.
Matt |