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Old 02-06-2007, 06:01 PM
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lizmerrill is on a distinguished road
Please Clarify this for Me

I need to clarify an answer:
when i open an account and trade 1 lot of 100000, will the 100000 be quoted in $, or the value of the base currency i am going long in?
to compute my margin, my margin will always be quoted in $, therefore the lot size of 100000 should be in $, therefore if i am going long usd/jpy, i sell $100000 lot for jpy then sell jpy for dollars, right??



Liz
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Old 02-06-2007, 06:03 PM
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sailor is on a distinguished road
hey

must be the base currency


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