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Beginners Forum Think you might want to try trading? Want to ask a question but worried about saying something silly on the main boards? This is the place where you can take the first few steps in safety.

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Old 08-10-05, 09:41 AM
LinksThatPay's Avatar LinksThatPay LinksThatPay is offline
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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
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