FOREX TRADING – Calculating Lot Size Value – WHERE IS THE PIP??? (2020)

Uploaded by Randy Cooper on January 21, 2020 at 1:13 am

In this video I will be discussing the math calculation behind finding the EXACT value of each pip when you are in a Forex trade. This is very important for risk management & consistency especially when you start using larger lot sizes. Small differences can total up to large amounts of money in spreads, swap fees, and trade net.

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All information in these video tutorials are for educational purposes only and are not intended to provide financial advice. Trading Forex can be very profitable, but you can also lose all of your capital if you do not apply proper risk management to control your losses. Your experiences in the market may also differ from others based on the Broker you decide to participate with. The idea is to win more trades than you lose, but more than likely traders will incur losses on the market. Traders can minimize exposure to risk by using proper risk management procedures.

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