Lots Safe and Ideal For Day Trading

The world of trading which is increasingly in demand has a variety of terms that need to be learned to be able to use them properly. One term that is often and important to use is lot. Lot in forex trading means the number of currency units traded. There are several types of lots in forex, judging by their sizes, ranging from standard, mini and micro lots.

The smaller the lot in forex will mean that there will be less profit for the trader to earn for every percentage price movement, but more importantly, it will also reduce the potential for losses that can wipe out the trader's entire capital, confidence, and end a trader's trading career. For a number of reasons also based on the history of forex trading, currency pairs are usually traded in a standard lot size unit worth 100,000 units of the base currency (1 lot of forex is equal to 100,000 units of base currency). To make forex trading more affordable for individual traders, online retail forex brokers provide a mini account with a contract size of 10,000 (1 mini lot forex), and a micro account with a lot size of only 1,000 units (1 micro lot forex). With this new model of innovation, the lot size in forex is smaller, which means that it will also reduce the risk for each transaction made, as well as giving traders other advantages compared to standard lots.

Watch the full video and details below!


More info : 

Free material soft copy contact 081 258 066 174 wa/call 

Private info / paid premium class (guided forever until consistent profit and independent). 

Whatsapp/call 081 233 593 672 Or direct access to our web www.wijayatrading.com

Comments

Popular posts from this blog

Tingkatan Seorang Trader

SNR, BEST TRADE STRATEGY!