How much money can I make off this forex trade? What kind of returns can I expect?
Isn’t that what we do think at some point as we build a trade? It’s a perfectly natural question. We’re forex traders and we trade money for money.
There is a way to make some calculations that go beyond wishful thinking or optimistic guess work. I call it “MVP”: Margin, Volatility, and Price.
With some simple arithmetic, I can take some basic information like margin and pip value, crunch that with some daily pip movement ranges and get a realistic ROI. In tonight’s video I take a recent trade and contrast it to other pairs to show you how you can do the same before you take a trade.
Questions? Comments. Leave them here at the blog!
Follow Raghee Horner (aka Queen Cleopiptra) into her kingdom of forex and futures. Get the best techniques and tactics for trading currencies, futures, and options.
Sign up for her free video newsletter today and get the invitation for for all her free webinars here.
This content is strictly for informational purposes only and does not constitute as investment advice. Trading any financial market involves risk. Please read our Risk Disclosure to make sure you understand the risks involved.