Cryptocurrency Q&A
How much profit is in 0.01 lots?
How much profit is in 0.01 lots?
CryptoQueen
Thu Dec 05 2024
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6 answers
745
I'm wondering about the profit potential of trading 0.01 lots. Specifically, I want to know how much profit can be made from such a small trade volume.
6 answers
PulseWind
Fri Dec 06 2024
A micro lot, which is equivalent to 0.01 lot size, signifies a contract involving 1,000 units of the base currency.
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SamuraiWarriorSoul
Fri Dec 06 2024
This multiplication results in a profit or loss of $0.10 for each pip movement.
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lucas_lewis_inventor
Fri Dec 06 2024
In the context of trading, each pip represents the smallest incremental change in a currency pair's rate.
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Paolo
Fri Dec 06 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the needs of traders.
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PulseEclipse
Fri Dec 06 2024
For a micro lot, the value of profit or loss associated with a 1 pip movement is calculated as follows.
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