Position Sizing in Forex The Definitive Guide to Size Your Trades
In this case, 38,911 is rounded up to 39,000, meaning a lot size of 0.39 Standard Lots. On the other hand, if you were trading a Micro lot, the same 5-pip movement would result in only $0.50 in profit. It’s worth noting that orders can be placed at a fraction of 1 full lot, regardless […]