value of pip/point on your first live account?

[jabar2]

As in the title, what was the value of a pip/point, either GBP or USD, when u first started trading with real money?
My answer is 10gbp and 10usd

 

[Masquerade]

Think it was £2. For shares I was trading larger but that's meaningless.

 

[scose-no-doubt]

£10. Soon came down lol.

 

[brewski1984]

Mine was £1pp. Too much in my opinion.

 

[VielGeld]

All in, lol. But that was shares, so might not count.

This summer was options, and my preferred size was 10 contracts or about $10/point. Which moves very, very fast when you're a beginner.

 

[scose-no-doubt]

All in, lol. But that was shares, so might not count.

This summer was options, and my preferred size was 10 contracts or about $10/point. Which moves very, very fast when you're a beginner.

My first trade was CFD sale of an oil call with three months to expiry. Talk about baptism of fire hahahaha

 

[Jerry Westerby]

$12.50

 

[earnspread]

We used a free account for $1

 

[bontikin]

10p! And when my beginners account raised the minimum stake to 50p I called the spreadbetting company and begged for it to be lowered back to 10p :clap:

 

[ffsear]

£20 per point. Thinking that all I could lose was £20

 

[brewski1984]

How much did you lose?

 

[BeginnerJoe]

Bought penny shares in the company I was working for. Turned out it was all a scam (I think) and they went bankrupt.

 

[ffsear]

How much did you lose?

Technically, I still owe worldspreads!