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Forex Malaysia 马来西亚外汇

1.8 ****Common Question 2 综合问题2****

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Page 1 of 41.8 ****Common Question 2 综合问题2****

What is Lot in Forex

In the past, spot forex was only traded in specific amounts called lots. The standard size for a lot is 100,000 units. There are also a mini, micro, and nano lot sizes that are 10,000, 1,000, and 100 units respectively.

Lot Number of Units
Standard 100,000
Mini 10,000
Micro 1,000
Nano 100

As you may already know, the change in currency value relative to another is measured in “pips,” which is a very, very small percentage of a unit of currency’s value. To take advantage of this minute change in value, you need to trade large amounts of a particular currency in order to see any significant profit or loss.

Let’s assume we will be using a 100,000 unit (standard) lot size. We will now recalculate some examples to see how it affects the pip value.

  1. USD/JPY at an exchange rate of 119.80(.01 / 119.80) x 100,000 = $8.34 per pip
  2. USD/CHF at an exchange rate of 1.4555(.0001 / 1.4555) x 100,000 = $6.87 per pip

In cases where the U.S. dollar is not quoted first, the formula is slightly different.

  1. EUR/USD at an exchange rate of 1.1930(.0001 / 1.1930) X 100,000 = 8.38 x 1.1930 = $9.99734 rounded up will be $10 per pip
  2. GBP/USD at an exchange rate or 1.8040(.0001 / 1.8040) x 100,000 = 5.54 x 1.8040 = 9.99416 rounded up will be $10 per pip.

Your broker may have a different convention for calculating pip value relative to lot size but whichever way they do it, they’ll be able to tell you what the pip value is for the currency you are trading is at the particular time. As the market moves, so will the pip value depending on what currency you are currently trading.

What the heck is leverage?

You are probably wondering how a small investor like yourself can trade such large amounts of money. Think of your broker as a bank who basically fronts you $100,000 to buy currencies. All the bank asks from you is that you give it $1,000 as a good faith deposit, which he will hold for you but not necessarily keep. Sounds too good to be true? This is how forex trading using leverage works.

Forex Lots

The amount of leverage you use will depend on your broker and what you feel comfortable with.

Typically the broker will require a trade deposit, also known as “account margin” or “initial margin.” Once you have deposited your money you will then be able to trade. The broker will also specify how much they require per position (lot) traded.

For example, if the allowed leverage is 100:1 (or 1% of position required), and you wanted to trade a position worth $100,000, but you only have $5,000 in your account. No problem as your broker would set aside $1,000 as down payment, or the “margin,” and let you “borrow” the rest. Of course, any losses or gains will be deducted or added to the remaining cash balance in your account.

The minimum security (margin) for each lot will vary from broker to broker. In the example above, the broker required a one percent margin. This means that for every $100,000 traded, the broker wants $1,000 as a deposit on the position.

How the heck do I calculate profit and loss?

So now that you know how to calculate pip value and leverage, let’s look at how you calculate your profit or loss.

Let’s buy U.S. dollars and Sell Swiss francs.

  1. The rate you are quoted is 1.4525 / 1.4530. Because you are buying U.S. dollars you will be working on the “ask” price of 1.4530, or the rate at which traders are prepared to sell.
  2. So you buy 1 standard lot (100,000 units) at 1.4530.
  3. A few hours later, the price moves to 1.4550 and you decide to close your trade.
  4. The new quote for USD/CHF is 1.4550 / 1.4555. Since you’re closing your trade and you initially bought to enter the trade, you now sell in order to close the trade so you must take the “bid” price of 1.4550. The price traders are prepared to buy at.
  5. The difference between 1.4530 and 1.4550 is .0020 or 20 pips.
  6. Using our formula from before, we now have (.0001/1.4550) x 100,000 = $6.87 per pip x 20 pips = $137.40

Remember, when you enter or exit a trade, you are subject to the spread in the bid/offer quote. When you buy a currency, you will use the offer or ask price and when you sell, you will use the bid price.

Next up, we’ll give you a roundup of the freshest forex lingos you’ve learned!

什么是手数,杠杆率,盈利和亏失

在过去,外汇现货市场是以“手Lots”作为基本合约,来进行交易。一手的标准大小是100,000 单位。当然现在还有“迷你手Mini Lot”,“微型手Micro Lot”和“毫微手Nano Lot”,它们的大小分别是10,000,1,000和100 单位。

单位数目
标准
100,000
迷你
10,000
微型
1,000
毫微
100

就像你已经知道的,货币的汇率是用“点”来计算的,这是货币汇率的最小单位。为了能更好的利用这些微小的波动,你需要对某些货币进行大数额的买卖,才能看到明显的盈利或亏损。

现在我们使用一个100,000单位(标准手)的合约来示范。我们现在将重新计算一些例子,看看1标准手的单位是如何影响点的价值。

1. 美元/日元的汇率为119.80(0.01 / 119.80)× 100,000 = $ 8.34 /点

2. 美元/瑞士法郎的汇率为1.4555(0.0001 / 1.4555)× 100,000 =$ 6.87 /点在报价的基础货币不是美元时,公式会略有不同。

1. 欧元/美元的汇率为1.1930(0.0001 / 1.1930)× 100,000 = 8.38
x 1.1930 =$ 9.99734     进位为 $ 10 /点

2. 英镑/美元的汇率为 1.8040(0.0001 / 1.8040)× 100,000 = 5.54
x 1.8040 =$ 9.99416     进位为 $ 10 /点

你的经纪商可能对不同“手数”的大小合约,会有不同的“点值”计算方法。但无论他们怎样做,他们都能够告诉你,在特定时间你所交易的货币点值是多少。

随着市场的波动,点的价值将会依着货币一同变化。

杠杆率到底是什么鬼东西?

你肯定会觉得疑惑,像你这样的的小投资者,是如何可以交易如此金额庞大的合约。想象你的经纪商就像银行般,它先贷款$100,000让你购买货币。而银行只要求你先付给它$1,000的信用保证金,经纪商会帮你代存这些货币,但不一定会帮你永久留着。似乎听起来好得令人难以置信?这就是使用杠杆来交易外汇的情形。

Leverage

 
       你使用杠杆率的金额,将取决于你的经纪商和你个人觉得舒适的比例。通常情况下,经纪商会先要求一笔交易的押金,也称为“保证金账户”或是“初始保证金”。一旦你将你的钱存入,你就可以开始进行交易。经纪商也有可能会注明,他们要求的每一交易(手)的金额。例如,如果经纪商允许的杠杆比例是100:1(或是要求,交易金额的1%),而您想要成交一个的价值$100,000的仓位,但您只有$5,000在您的账户里。这没问题,你的经纪商将扣留你$1,000作为抵押,或称为“保证金”,然后让你“借贷”其余的$90,000。当然,任何的亏损或盈利,将在您帐户中剩余的金额,直接扣除或添加。

 

每个经纪商对于每一手交易,都有着不同最低标准的押金(保证金)。在上面的例子中,该经纪商要求1%的保证金。这意味着,每交易$100,000的仓位,经纪商都要求扣留$1,000的押金。

我到底该如何计算盈利和损失?

所以,现在你已经知道如何计算点值和杠杆了,让我们看看如何计算你的盈利或亏损。

假设我们买入美国美元,同时卖出了瑞士法郎。

1. 你的汇率报价是1.4525/1.4530。因为你是买进美国的美元,所以你要以1.4530的“询问”价来下单,或者以其他交易者预备卖出的利率来下单。

2. 所以你在1.4530买进1手(100,000单位)。

3. 几个小时后,价格上升到1.4550,您决定关闭仓位。

4. 这时美元/瑞郎的新报价为1.4550 / 1.4555。现在你要关闭你的仓位,而当初是买进了货币而开启的仓位。你现在需要卖掉货币才能关闭仓位,所以你必须“标上”1.4550的卖出价。这是多数交易者们会买进的价位。

5. 由1.4530到1.4550之间,共相差0.0020或20点。

6. 使用我们之前的公式,我们现在有(.0001/1.4550)× 100,000 = 6.87美元/点子×20点子=137.40美元

记住,当你打开或关闭一个交易仓位时,你必须参照报价表上的询问(买)价/投标(卖)价。你要买进一种货币时,你将使用卖家的投标价。而当你想要卖掉它时,你将使用买家的询问价。

接下来,我们将会交给你一份,关于你已经学过的外汇术语的摘要!

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