Minimizing Forex Losses Using Lot

In forex trading, the transactions that traders make do not always bear sweet profits. There are times when losses come to traders. There are many causes for losses, because there is no perfect forex system or strategy. But sometimes the losses that occur become too great. But there is no need to worry, losses can be minimized by using lots.

Lot is the number of currency units traded. Lots in forex have several types, judging by their sizes, ranging from standard, mini and micro lots. The standard lot size is 100,000 units, but there are also mini (10,000) and macro (1,000) sizes. The size of the lot will determine the size of the transaction that can be made on the forex market. If the number of lots is large, the capital or equity owned must be large and the profit or risk of loss is also large.

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