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bellco
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bellco
How to calculate P/L?
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Apr 19, 2015 at 06:38
OK: Trying to get an estimate of an EA-s profitability.So, as an approximation, I will take a (good) medium day on eurusd...Fri, Mar 6, 2015. Hi 1.1028, Low 1.0839; day's range=0.0189 (to 4 decimals)investing 0.0015 lot= $15. for the day; High minus LowSo, day's profit calculation is (approximately) lot size x #pips; or 0.0015x189=0.2835What is this in dollars? Would I make about $28?Please help.Thank you.
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