Forex, or the foreign exchange market, is where trillions of dollars change hands daily through currency transactions. Successful trading in this dynamic market requires not only theoretical knowledge ...
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 ...
Timing and strategy can make all the difference between a profitable trade and a costly mistake. One of the key techniques that experienced traders use to manage their positions effectively is scaling ...
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