Pip is one word you’ll definitely hear in any conversation about forex trading. One of the first subjects you’ll learn in most forex trading courses is just what a pip is and how to calculate pips in ...
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 ...
Let’s talk about something that doesn’t sound flashy but will make or break your trading account: position sizing. If you’re a prop trader, this is even more important. Prop firms have strict daily ...
Using equal pip blocks with a clear partial close plan can transform the way traders in Kenya manage winning positions.