📊 What Are Pips, Lots & Spreads in Forex? | Master Forex Trading Basics for Better Profits

💰 New to Forex trading? Understanding the basics is the key to becoming a successful trader! In this video, we’ll break down three fundamental concepts that every forex trader must know: Pips, Lots, and Spreads.

🔹 Pips (Percentage in Points) – Learn what pips are and how they measure price movements in currency pairs. For most forex pairs, a pip equals 0.0001, but did you know some pairs follow different rules? We explain it all!

🔹 Lots – Understanding trade size is crucial for managing risk. Discover the difference between standard lots (100,000 units), mini lots (10,000 units), and micro lots (1,000 units) and learn how to choose the right lot size for your trading strategy.

🔹 Spreads – The spread is the difference between the bid (selling) price and the ask (buying) price of a currency pair. A low spread means lower trading costs, so finding the right broker with tight spreads can make a big difference in your profitability!

📌 Whether you're a beginner or looking to refine your trading knowledge, this video will give you a clear and easy-to-understand explanation of these essential forex trading terms.

💡 Why does this matter?
✅ Knowing pips helps you measure price movements and potential profits/losses.
✅ Understanding lot sizes ensures you manage risk properly.
✅ Being aware of spreads helps you choose a broker wisely and save money on trades.

🚀 In our upcoming videos, we’ll show you how to apply these concepts on trading platforms like Blueberry Funded and Fxify, so stay tuned!

📢 If you found this helpful, don’t forget to like, comment, and subscribe! Let us know in the comments what forex concepts you’d like us to cover next.

🔔 Turn on notifications so you never miss a trading tip!

#ForexTrading #ForexForBeginners #PipsExplained #LotsInForex #ForexSpreads #TradingTips #BlueberryFunded #Fxify

🌍 Stay Connected & Learn More:
📌 Website: https://www.propfirmask.com
📷 Instagram: https://www.instagram.com/propfirmask/
📘 Facebook: https://www.facebook.com/propfirmask

For more details, visit: https://www.propfirmask.com

PropFirm Ask: Your go-to hub for prop trading insights, tips, and firm reviews. Simplify your trading journey and unlock success—one strategy at a time!

Видео 📊 What Are Pips, Lots & Spreads in Forex? | Master Forex Trading Basics for Better Profits канала Prop Firm Ask
#Trading, #StockMarket, #MarketTrends, #Stocks, #SwingTrading, #Scalping, #IntradayTrading, #ChartPatterns, Forex Trading, Pips Explained, Lots in Forex, Forex Spreads, Trading Basics, Forex Terms, How to Trade Forex, Forex Trading Tips, Forex Education, Trading Strategies, Forex Market, Blueberry Funded, Fxify, Forex Broker, Currency Trading, Forex Tutorial, Forex Guide, Forex Profit, Risk Management, Forex Trading Platform, Forex Analysis, Trading for Beginners