How much is one lot?
I'm trying to figure out the value or the amount represented by 'one lot'. I need to know how much 'one lot' actually is, in terms of quantity or financial value, depending on the context.
How much is one lot in foreign exchange trading?
I'm trying to understand foreign exchange trading and have a question about the concept of a 'lot'. Specifically, I want to know the value or size of one lot in this type of trading.