What is a lot size?

Lot in forex trading

‍ Image Source: Unsplash‍ In forex trading, a lot size refers to the quantity of currency being traded in a single transaction. The lot size is a standardized amount of currency that is set by the exchange, and it determines…

What is drawdown in forex trading?

what is drawdown in forex

‍ Image Source: FreeImages‍ The world of forex trading can be quite confusing and technical, especially for beginners. One term that you will frequently hear in forex trading is drawdown. Simply put, drawdown is the difference between the highest point…

What Does Leverage in Forex Mean?

What Does Leverage in Forex Mean ?

? ‍ Image Source: FreeImages‍ If you’re new to the world of forex trading, you might have come across the term “leverage.” Leverage is a powerful tool that allows traders to magnify their profits by borrowing funds from their broker.…