For
Forex Trading Lot Sizes
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Pending: 16
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Prediction
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Video
The speaker will explain how to calculate the monetary value of a 20 pip movement in the EUR/USD pair.
"for instance if you buy the euro dollar and the price of the euro dollar goes up 20 pips how much mo..."
Apr 2, 2020
Pending
Understanding pip value is crucial for determining profit and loss on every trade.
"if you said I have no idea to those two questions then today we're going to fix that because being a..."
Apr 2, 2020
Pending
Failure to understand pip value leads to mistakes and account losses for 90% of traders.
"and without it you are bound to make tons of mistakes ended up going down the path of the 90% of tra..."
Apr 2, 2020
Pending
The value of a pip is directly proportional to the amount of currency (units) being traded.
"the value of a pip depends highly on the amount of currency you're trading what that means is the am..."
Apr 2, 2020
Pending
The value per pip is determined by the trading lot size, which represents the number of currency units.
"and these units normally come in for major lot sizes for major sizes so if you're trading units of c..."
Apr 2, 2020
Pending
A standard lot in Forex trading consists of 100,000 units of currency, and for pairs ending in USD, each pip is worth $10.
"the name of the first size that is very common is a standard lot so we're gonna label this s L that ..."
Apr 2, 2020
Pending
Trading one standard lot of EUR/USD means each pip movement results in a $10 gain or loss.
"so if you're trading a standard lot on the euro dollar that means that every pip is ten dollars ever..."
Apr 2, 2020
Pending
A mini lot represents 10,000 units of currency, and each pip is worth $1.
"the second one is called a mini lot a mini lot means that you're controlling or holding 10,000 units..."
Apr 2, 2020
Pending
Holding 10,000 currency units (a mini lot) equates to $1 per pip in value for USD pairs and similar for other pairs.
"so for every 10,000 units of a currency that you hold there is a value of $1 per pip that's exactly ..."
Apr 2, 2020
Pending
A micro lot involves 1,000 units of currency, with each pip movement resulting in a gain or loss of ten cents.
"and the last lot we're gonna take a look at is the micro lot the micro lot means you're controlling ..."
Apr 2, 2020
Pending
For micro lot traders, every pip fluctuation translates to a $0.10 change in their account balance.
"so every pip that the market moves is going to be ten cents up or down in your account if you're tra..."
Apr 2, 2020
Pending
A nano lot involves 100 currency units, with each pip movement valued at one cent.
"and the last one that we're gonna take a look at that we're not gonna dive deep into it all is calle..."
Apr 2, 2020
Pending
A standard lot in forex trading (100,000 units) on EUR/USD is equivalent to $10 per pip movement.
"if you're trading a standard lot on the euro dollar that means that every pip is ten dollars"
Apr 2, 2020
Pending
A mini lot in forex trading (10,000 units) is equivalent to $1 per pip movement.
"a mini lot means that you're controlling or holding 10,000 units of a certain currency and with this..."
Apr 2, 2020
Pending
A micro lot in forex trading (1,000 units) is equivalent to $0.10 (ten cents) per pip movement.
"the micro lot means you're controlling 1,000 units of a certain currency and that means that you are..."
Apr 2, 2020
Pending
A nano lot in forex trading (100 units) is equivalent to $0.01 (a penny) per pip movement.
"a nano lot means that you're controlling 100 units of currency and every movement of a pip is worth ..."
Apr 2, 2020
Pending