But I'm a little confused about your question. How to calculate the sum of one point doesn't seem right.
How much money is calculated according to how many ounces you make (how many standard hands you make). If you make 1 ounce of gold,
For example, the price of gold ranges from 1293.00 to 1294.00. If you earn 1 ounce, you earn 1 dollar.
The price of gold ranges from 1296.40 to 1293.36. You earned 1 ounce and earned $3.04.
Don't confuse the specific stop loss point with your profit and loss.
Trailing stop is also called moving stop loss. How to use and explain?
Set a fixed minimum 10 point, such as buying Euro/USD; At1.5000; Stop loss1.4980; Move stop loss 10 point. If the market is favorable to you, improve your direction by ten points; It triggers your moving stop loss; Increase your stop loss from 1.4980 to1.4990;
If the market is favorable to you, improve your direction by ten points; Triggered your moving stop loss again; Increase your stop loss from 1.4990 to1.5000; And so on; When the market runs in the opposite direction, close the position with the latest stop loss price of 1.5000.
His biggest role is to lock in profits. Let the stop loss develop in your favor.
What is the purpose and significance of moving stop loss? In a word, lock in profits.
For example, foreign exchange products, if they are made of gold, can still use mobile stop loss, the method is exactly the same.
If you still don't understand, you can go to the basic knowledge column and explain both the fixed moving stop loss and the dynamic moving stop loss clearly. Or a novice can apply for simulation when he first contacts foreign exchange gold trading. Simulation can clarify basic knowledge.