Lesson 4 of 4
In Progress

Task: Calculating the notional (10)

Phillip Konchar

Now it’s your turn. At this point of the course we have set a task to reinforce what we’ve shown you. This task will require you to use a trading account to carry out the exercise. You can set up a free practice trading account here.

Goal: To understand what notional is and how to calculate it.

Exercise: In your broker’s platform, work out what the notional is for a £1 spread bet on the Wall Street 30. Do the same for cable (GBP/USD).

Difficulty: 3/3

Time to complete: 10 minutes

Solution….don’t press play until you’ve done your bit:

 

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