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 ...

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 ...

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 ...

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 ...

Forex is traded in lots, representing the number of currency units a person buys or sells. Lots can be standard lots, mini lots, micro lots, and nano lots. Appropriate lot size determination is part ...