Using equal pip blocks with a clear partial close plan can transform the way traders in Kenya manage winning positions.

They decide to risk a certain amount of money on each trade, but when they open MetaTrader or another platform they are not ...

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 ...

What is a Lot in Forex? In forex trading, a lot refers to a standardized unit of measurement for the transaction size of a particular currency pair. Lot size is generally expressed in terms of the ...

It’s important to understand what currency pair price movements mean for your open foreign exchange (forex) positions. Explore what a pip is in forex trading. Pips in forex CFD trading represent a one ...

This is sponsored content by PropCompanies. When you trade Forex currencies, you do so in 'lots'. In other words, you buy and sell forex pairs in quantities of different sizes. Understanding lot sizes ...