When getting into forex trading, one of the key concepts traders need to understand is the "lot size." In the forex market, trades are executed in specific amounts known as lots, which represent the ...
Ask any experienced trader what separates someone who survives the forex market from someone who burns through their account, and they’ll likely say the same thing: proper trade sizing. It’s one of ...
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 ...
Many Forex scalpers have plans for stop placement, but often forget about position size! This can be devastating to a traders account in the event that too much leverage is used when an inappropriate ...
Trading the foreign exchange (forex) markets can be difficult at the best of times. Researching trades and exchange rates, planning the best execution, deciding on stop-loss and take-profit ...
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