What is a lot and how to calculate a lot on Forex: calculation methods and an example of building a model in Excel, trader’s calculator
Lot is a unit of measure for position volume, which is a fixed amount of the base currency on the Forex market. The volume is always indicated in lots, and the size of lots directly affects the level of risk. The greater the volume of one lot on Forex, the greater the risk. Risk assessment (risk management) includes a model that allows you to calculate the optimal amount of standard lot on the foreign exchange…
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