CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
February 6, 2023
Risk Disclaimer: The example below is for illustrative purposes only and is based on price movements derived from Contracts for Difference (CFDs). The calculations reflect hypothetical outcomes using historical or specified price data for the relevant instrument on the stated date and are not indicative of future performance. Any reliance placed on this material is strictly at the user’s own risk.
Current Price: 22.50
|
Silver |
Weekly |
|
Trend direction |
|
|
26.00 |
|
|
25.00 |
|
|
23.60 |
|
|
21.40 |
|
|
20.20 |
|
|
19.30 |
Example of calculation based on weekly trend direction for 1 Lot1
|
SILVER |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
35,000.00 |
25,000.00 |
11,000.00 |
-11,000.00 |
-23,000.00 |
-32,000.00 |
|
Profit or loss in €2 |
35,140.56 |
25,100.40 |
11,044.18 |
-11,044.18 |
-23,092.37 |
-32,128.51 |
|
Profit or loss in £2 |
30,782.76 |
21,987.69 |
9,674.58 |
-9,674.58 |
-20,228.67 |
-28,144.24 |
|
Profit or loss in C$2 |
46,515.00 |
33,225.00 |
14,619.00 |
-14,619.00 |
-30,567.00 |
-42,528.00 |
1. 1.00 lot is equivalent of 10,000 units
2. Calculations for exchange rate used as of 9:20 (GMT) 6/2/2023
Fortrade recommends the use of Stop-Loss and Take-Profit, please speak to your Senior Account ManagerClient Manager regarding their use.