Lesson 1, Topic 1
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BALANCE VS EQUITY (MT4)

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BALANCE VS EQUITY =  Your balance is whats in your account right now, your equity is what you’re account would be at if you closes all your open positions. So if you have a 5000 account and you have a buy on AUDUSD and you put a 1.00 buy thats $10/PP and it goes 30 pips up (bullish) your account balance would still be at 5000 but you’re equity would be at 5300 if you closed the trade.