Honestly If you don`t actually know how to do the calculation,
I advise you to suspend trading now and learn the basics of the art.
You can learn more at babypips.com
You will gain alot also by checking out my blog:
www.systematictradng.blogspot.com
I wish you all the best
Regards
Oyewole Olatunbosun
So here is a scenario. I want to do some forex trading. I spend 1000$ even when the usd/yen rate is at 102.1 and i sell all 1000$ dollars worth at 102.2
How much money will i make off of my initial investment of 1000$?
Thanks!!!