Lot size explained
Your trade size
Lot size decides how much money each pip is worth. Get this wrong and one trade can hurt.
Gold lot sizes
| 1.00 lot | $10 per pip |
| 0.10 lot | $1 per pip |
| 0.01 lot | $0.10 per pip |
On gold, one standard lot is about ten dollars per pip. A mini lot, zero point one, is one dollar. A micro lot, zero point zero one, is ten cents.
Same move, different lots
| Move | 50 pips |
| 0.01 lot | $5 |
| 0.10 lot | $50 |
| 1.00 lot | $500 |
The same 50 pip move is five dollars on a micro lot, but five hundred dollars on a standard lot.
The rule
- Choose the lot from your stop loss
- Never from how much you want to win
So always choose your lot from your stop loss, not from how much you hope to win.
Learn it, then trade it with signals.
GOFX AI scans gold around the clock and sends setups with entry, stop loss and take profit to your phone - every win and loss published.
GOFX AI scans gold around the clock and sends setups with entry, stop loss and take profit to your phone - every win and loss published.
Trading involves risk. Lessons are for education, not financial advice.