Lot

a certain amount of units or the sum of assets used for executing the trade of a certain instrument. For currency pairs, one standard Forex lot is 100,000 units of the base currency.

standard lot size (1 lot) equals 100,000 units of base currency;
mini lot size (0,1 lot) equals 10,000 units of base currency;
micro lot size (0,01 lot) equals 1,000 units of base currency.

Learning

Dec 09

9 min read

What Are CoT Reports, and How Do We Use Them?

CoT reports (Commitment of Traders) are valuable tools for analyzing market sentiment, especially for traders working with futures, options, and currencies. In this article, we will look at what CoT i...