Along with this guide i will also share the imli candlestick pattern information in my next article so stay tuned with us.
understand the lot size
What is a lot? Many refers to the smaller trading size that you can place when trading on the foreign exchange market. Generally, brokers refer to batches in increments of 1000 or a micro lot. It is important to note that lot size directly affects the risk you take.
Therefore, determining the best batch size with a tool such as a risk management calculator or something with a desired result can help you determine the desired lot size based on the size of your current accounts. To understand the amount he wants to risk.
Batch size directly affects the amount of market movement affecting your accounts, so a 100 pips move in a small operation does not feel as strong as the same 100 pips move in a very large commercial size. Here is a definition of the different lot sizes that you will find in your career and a useful analogy of one of the most respected commercial books.
anyway if you are looking for mega guide about candlestick pattern indicator then my next article is about it. so stay connected to grab it.