hi all,
couldn't find the info i need on a Google search and a FF search so decided to make a thread. ( call me lazy if you want LOL)
someone asked me how big i trade. 1 yard or 1 lag (wonder if its spelled this way?) so how big are they supposed to be? all i know is 1 dollar means 1million $ lot size.
and also on price movements. if EU moved by 1 handle, does that mean a 100 pips? so what is 1000 pips called? is there a specific term?
hope some industry experts can help.
thanks
couldn't find the info i need on a Google search and a FF search so decided to make a thread. ( call me lazy if you want LOL)
someone asked me how big i trade. 1 yard or 1 lag (wonder if its spelled this way?) so how big are they supposed to be? all i know is 1 dollar means 1million $ lot size.
and also on price movements. if EU moved by 1 handle, does that mean a 100 pips? so what is 1000 pips called? is there a specific term?
hope some industry experts can help.
thanks