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pip calculation
armond11
 Post subject: pip calculation Post rating: 0   New post Posted: Thu 05 May, 2011, 17:16 

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I just don't understand how you calculate pip gain, based on my trades I have gaind 622 pips but in my account shows 232 pips that is a difference of 390 pips.
 
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 Post subject: Re: pip calculation Post rating: 0   New post Posted: Mon 09 May, 2011, 14:30 
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Joined: Wed 21 Apr, 2010, 10:42
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armond11 wrote:
I just don't understand how you calculate pip gain, based on my trades I have gaind 622 pips but in my account shows 232 pips that is a difference of 390 pips.


Please not that the figure you see in the statistics are "pip points", not "pips".
Pip points are gained/lost pips already adjusted for the differences between various currency, i.e. already recalculated via the pip conversion schedule.
 
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