The Forex Dream provides content for informational and educational purposes only, not financial advice.
The Forex Dream provides content for informational and educational purposes only, not financial advice.
In forex, lot size simply means how many units of a currency you're buying or selling in a trade. Bigger lot = more money per pip, more risk. Smaller lot = less money per pip, less risk
Forex trading is predicting whether one currency will go up or down against another. If you're right, you make a profit. If you're wrong, you lose money.
Forex is short for foreign exchange. It simply means changing one currency into another, like when you travel and exchange your local money for another country’s currency.