forex capital, wants to use 3 risk and a stop loss of 50 pips. The reason behind why it is called mini lot is because it is only 1/10th of the size of 100,000 units standard lot. If you are a beginner and you want to start trading using mini lots, be well capitalized. Considering that the value of a trade position as well as the movement of the currency pair in pips is what determines the level of profit or loss after a forex trade, what is the monetary value of the forex lot? But it is important to mention that both are same. It might not be glamorous, but keep your lot size within reason for your account size will help you to survive long term.
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B) Mini-lots are worth 1 per pip (10,000.0001) c) Micro-lots are worth.1 (10 cents) per pip, as 1,000.0001.1. A) Standard Lots are worth 10 per pip on currency pairs that do not include the Japanese Yen This is derived by multiplying the position size of a Standard Lot (100,000) by 1 pip (0.0001 points). That is a 100,000 trade if you are trading in dollars. Since you have 50:1 leverage it would require 2 margin to open a position. 1 standard lot100k of base currency. This would be very risky trade. That means you should have 25,000 or more to make trades with standard lots.
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