Trading-Made-Simple | Lots
Welcome to our Trading-Made-Simple video series, where you can learn a little more about the trading world in less than 5 minutes.
A “Lot” is a bundle of units in a financial instrument. They have different sizes which include the Standard Lot (100,000 units), the Mini Lot (10,000 units), and the Micro Lot (1,000 units).
In this video, we will be covering:
0:00 The Meaning of Lot
0:38 The Types of Lots
1:25 Pip Values in Lots Calculation
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Trading involves risk. Past performance is not indicative of future results. Trade with caution.