Trading foreign currency can be rewarding. At the same time, it can be confusing, especially for beginners. You must be familiar with different terms and concepts. Among others, one thing you should ...
One of the important steps when day trading, is deciding how big your position should be. Position size is a function of leverage and while trading a large position may multiply a win, it can ...
(MENAFN- Daily Forex) What Is One Pip Change in GBP/JPY? A pip change is a measurement used to find the change amounts for an exchange rate of the currency pair. It's usually calculated from your last ...
To trade currency pairs, you need to understand the concept of a lot in forex. This guide explains what a forex lot is, why it’s important and how you can use it to calculate your position size. A lot ...
What is a Lot in Forex? In forex trading, a lot refers to a standardized unit of measurement for the transaction size of a particular currency pair. Lot size is generally expressed in terms of the ...
EUR/USD Risk ÷ SL pips = Mini lots $100 risk, 50 pip SL = 2 mini lots (0.2) USD/JPY Risk ÷ (SL × 0.65) = Mini lots $100 risk, 50 pip SL ≈ 3.1 mini lots (0.31) NAS100 Risk ÷ SL pips = Lots $100 risk, ...
To trade currency pairs, you need to understand the concept of a lot in forex. This guide explains what a forex lot is, why it’s important and how you can use it to calculate your position size. A lot ...
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