divided by 360 (days in a year). 1 per pip seems like a small amount but in forex trading, the market can move 100 pips in a day, sometimes even forex international currency exchange rates in an hour. The standard size for a lot is 100,000 units. A trader should always keep in mind that it is the lot size that determines how much risk he is taking for a trade.
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Than they would otherwise be able to afford. A standard lot is similar to trade size. The margin requirement is always measured in the base currency.e. It might not be glamorous, but keep your lot size within reason for your account size will help you to survive long term. Do you know about trading thunder binary review reddit forex trading lots? This is the equivalent of 100 pips. We are looking for the exchange rate to rise (i.e. All the bank asks from you is that you give it 1,000 as a good faith deposit, which it will hold for you but not necessarily keep. Trading leveraged products may not be suitable for all investors.
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