Understanding Pips, Lots, & Leverage | Forex Trading Explained for Beginners

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Welcome to Episode 8 of the “FundedNext Forex Trading for Beginners” series! 📈 If you’re just starting out in forex trading, this episode is for you. We’ll cover everything you need to know about Pips, Lots, and Leverage—critical concepts that help you measure price movements, control trade sizes, and maximize your potential profits.

Here’s what we’ll cover: 🔹 Pips & Pipettes: What are they, and how do they work in forex trading? 🔹 Lots: Understanding standard, mini, and micro lots to manage your trades better. 🔹 Leverage: Learn how to use leverage smartly to control larger positions with smaller investments—but beware of the risks!

💡 Make sure to hit the subscribe button for more valuable insights on how to trade in 2024 and beyond! 💡

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