1 Lot Forex. Multiply that profit by your lot size and number of lots. It is one of the prerequisites to get familiar with for Forex starters.
Which Lot should an individual prefer? The base currency is the currency that is bought or sold for quote currency. Multiply that profit by your lot size and number of lots.
Lots are specific amounts that you trade and denote the contract size's face value.
It is one of the prerequisites to get familiar with for Forex starters.
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Which Lot should an individual prefer? A lot is basically the pre-defined number of currency units you are willing to buy or sell when you enter a trade. The base currency is the currency that is bought or sold for quote currency.