One of the most important elements of profitable forex trading consists of prudent money management. While it may not sound glamorous, knowing about forex position sizing could save you considerable ...

They decide to risk a certain amount of money on each trade, but when they open MetaTrader or another platform they are not sure what lot size matches that risk. Guesswork follows, and suddenly a ...

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 ...

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 ...

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 ...

Traders start with excitement about forex or indices, then discover that even a good strategy can fail if position sizes are random. A clear framework for deciding how much to risk on each trade is ...

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 ...