Help on trading with PIPS

[Dennis .C.]

i wanna know how many pips can i put in when trading on s/l and t/p. Also why do i see losses before profits? eg....if i put an order of buying @ 1.0987 wit GBPUSD,i mite see -0.30. WHY? Please help.

[DOGSY]

s/l and t/p orders must be outside of the quoted spread.
The reason you always see a loss first is for example if the current market price is 1.0984/1.0987, you buy at the higher price of 1.0987, then your profit and loss is calculated using the current price at which you can then sell this position(which would be 1.0984 if the market has not moved)

[piplady]

I am sorry for my ignorance but where did -0.30 came from and how did Dennis get it?

I would appreciate the help.. Thanks!