Lot size
Lot size describes order volume: 1 standard lot = 100,000 units of base currency; 0.1 mini lot = 10,000; 0.01 micro lot = 1,000. Position sizing strategies translate risk-per-trade into appropriate lot sizes.
Lot size describes order volume: 1 standard lot = 100,000 units of base currency; 0.1 mini lot = 10,000; 0.01 micro lot = 1,000. Position sizing strategies translate risk-per-trade into appropriate lot sizes.