James Chen, CMT is an expert trader, investment adviser, and global market strategist. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated ...

(MENAFN- Daily Forex) What Is the Purpose of Lot Size? Before you understand the purpose of lot size, you must ask yourself what a lot is! A lot is the unit of measurement used to determine how many ...

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 ...

This is sponsored content by PropCompanies. When you trade Forex currencies, you do so in 'lots'. In other words, you buy and sell forex pairs in quantities of different sizes. Understanding lot sizes ...

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 ...

Trading currency in the foreign exchange market (forex) is fairly easy today with three types of accounts designed for retail investors: standard lot, mini lots and micro lots. Beginners can get ...