IB Fills have gone bad ?

[toc]

The minimum size for dollar yen on FXPRO is 25k. You are doing an odd lot currency conversion even if you do not select currency conversion.

Thx for the clearity, wat is min size for USDCAD........where can these numbers be looked up, thx again !!

 

[ZBZB]

Thx for the clearity, wat is min size for USDCAD........where can these numbers be looked up, thx again !!

when you click on currency pair bid ask to trade the default size is the minimum for FXPRO.

 

[schizo]

Thx for the clearity, wat is min size for USDCAD........where can these numbers be looked up, thx again !!

 

[schizo]

Here's the forex basics regarding pips, size, conversion, major pairs, etc (from the book "17 Proven Currency Trading Strategies (2013)")

 

[Quanto]

Here's the forex basics regarding pips, size, conversion, major pairs, etc (from the book "17 Proven Currency Trading Strategies (2013)")

The "TABLE 1.2 : Margin and Leverage" is hard to understand as it's counterintuitive:
the more leverage seems to mean the less margin requirement

 

[schizo]

The "TABLE 1.2 : Margin and Leverage" is hard to understand as it's counterintuitive:
the more leverage seems to mean the less margin requirement

More leverage means more debt, and more debt you take out the more collateral you will need to provide. While not identical, think of margin as a collateral.

So if you want to trade 1 standard lot (eg. 100,000), you need to have at the minimum of $1,000 in your account at all times. If, at any time, the account drops below $1,000, you will get a margin call.

 

[Quanto]

More leverage means more debt, and more debt you take out the more collateral you will need to provide. While not identical, think of margin as a collateral.

That must be the schizo-logic
One first should clear what is bigger: a max leverage of 20:1 or 500:1
One would think 500:1 is bigger, but they mean it exactly the other way
Ie. using some unnatural sicko-logic, IMO

 

[schizo]

That must be the schizo-logic
One first should clear what is bigger: a max leverage of 20:1 or 500:1
One would think 500:1 is bigger, but they mean it exactly the other way
Ie. using some unnatural sicko-logic, IMO

Damn, all those smilies are making my head spin.

Anyway, if I take 500:1 leverage (gulp!!), that just means for every $1 I have in my account, I'm taking out $500 in debt ($2 = $1000, $5 = $2500, etc). And more leverage you use, more margin you will need to offset any possible losses. What's so schizo-logic about that? Or have I further misunderstood your sarcasm? (I can't decide on which to use: this or this , or maybe this ).