Forex Position Size and Leverage Explained (lot sizes and pips) | Trading for Beginners

Learn how to calculate forex lot sizes and pip values (position size) and how to use leverage to reduce the amount of capital you need to trade. This is essential knowledge for beginner traders as it will allow you to start understanding risk management. This is part of our trading for beginners series. Free Training: Discover the Logical Formula for Consistently Profitable Trading That Nobody Ever Talks About: https://duomotrading.com/trainingtfb More Free Trading Resources and Training: https://www.duomoinitiative.com/guides Our Main Channel: @Duomoinitiative #trading #tradingforbeginners #forex