(MENAFN- Daily Forex) A pip, short for percentage in point, is a Forex term that refers to the fourth decimal in all currency pairs , except for Japanese Yen currency pairs, where a pip refers to the ...

Trading foreign currency can be rewarding. At the same time, it can be confusing, especially for beginners. You must be familiar with different terms and concepts. Among others, one thing you should ...

To trade currency pairs, you need to understand the concept of a lot in forex. This guide explains what a forex lot is, why it’s important and how you can use it to calculate your position size. A lot ...

To trade currency pairs, you need to understand the concept of a lot in forex. This guide explains what a forex lot is, why it’s important and how you can use it to calculate your position size. A lot ...

(MENAFN- Daily Forex) What Is the Purpose of Lot Size? Before you understand the purpose of lot size, you must ask yourself what a lot is! A lot is the unit of measurement used to determine how many ...