AI Hub
10 January 2024
What Is the Impact of Lot Size on the Profitability of Forex Trades?
Forex trading is one of the most popular and profitable forms of investment in the world. The forex market is huge, with daily trading volumes reaching trillions of dollars. With such a large amount of money being traded, it is important to understand how lot size affects profitability in forex trades. In this article, we will discuss what lot size is and how it impacts the profitability of forex trades. Lot size refers to the number of units that are traded in a single transaction. For example, if you buy 100 units of a currency pair, then your lot size would be 100 units. Lot sizes can vary from as small as 1 unit to as large as 1000 units or more depending on the broker and type of account...
AI Hub
10 May 2023
What is the method to compute profits and losses in forex?
Forex trading is one of the most popular and lucrative investment opportunities available today. It involves buying and selling currencies in order to make a profit. But, before you start trading, it’s important to understand how profits and losses are calculated in the forex market. In this article, we’ll discuss the basics of calculating profits and losses in forex trading. We’ll also look at some examples to help you better understand how it works. So, let’s get started! The Basics of Calculating Profits & Losses in Forex Trading When it comes to calculating profits and losses in forex trading, there are two main methods: pip value calculation and lot size calculation. Pip Value Calculation: The pip value is the smallest increment that a currency pair can move up or down....
AI Hub
21 April 2023
How can i ascertain the volume of lots for forex trading?
Forex trading is one of the most popular forms of trading, and it can be a great way to make money. However, before you start trading, it’s important to understand how to determine the volume of lots for forex trading. In this article, we’ll discuss what lot size is and how you can use technical analysis tools and macroeconomic environment to help you determine the right lot size for your trades. What Is Lot Size? Lot size is an important concept in forex trading as it refers to the number of currency units that are traded in each transaction. The standard lot size for forex trades is 100,000 units of a currency pair. However, there are also mini lots (10,000 units) and micro lots (1,000 units) available for traders who...
