In other words, each tick of the price quote is a pip. For instance, supposing trader A has a beginning capital of 100 USD, and trader B has only 10, it would take trader B ten times as much in terms of pips to achieve the same gain that was acquired by trader A in absolute dollar terms. Typically, brokers will refer to lots by increments of 1000 or a micro lot.
It is important to note that lot size directly impacts the rSimilar ThreadsA good article from a real trader 11 replieskeep your thread alive if you are a real trader 4 repliesHow to be a real trader 38 repliesThe REAL reason why nearly every trader fails.
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