What is the point value in currency trading on the stock exchange? ( part 2 )

Tuesday, February 15, 2011

We're going to previous topic

 

See you when you sell or buy large amounts of currency that can achieve a good profit, but if you traded in small quantities of currency
You will not get a profit worth the effort

Which determines the point value is the size of the amount you buy or sell any currency is the value of the lute, or the size of the contract

Therefore, the less the size of the currency trading market is 100.000 currency basis, or close to this amount depending on the company that
Deal with

Because large amounts of currency are making good profits at the lowest stated change currency

So it is very essential to know the value of each point on the currency Sttajer with the company who will deal with it.
You do not need to ask, the first things that will tell you by the brokerage company before dealing with them is the point value of each currency that did not
Must tell you that sure of yourself that

As mentioned, the point value is calculated depending on the size of the contract depending on the amount of any amount that you buy or sell the currency and the larger the
This amount was greater whenever the value of the largest point also noted in the previous examples when we bought a small amount of 1000 euros and when we bought
Large amount of 100.000 euro

Because the size of the contract varies from one company to another, the point values on each currency varies from company to another.
Despite these differences, we have said that the contract size for the majority of brokerage companies is now 100.000 currency basis, Fbmthel
How this size value will be the point?

Answer: The value will be the point on each lot as follows :

The value of one point for the euro = 10$

One point worth of the pound sterling = 10$

The value of one point for the Japanese = 8$ Almost

The value of one point for the Swiss franc = 6$ Almost

Although these values vary from company to company but it is true for most companies

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