Quiz 6 - Calculating Risks the SMART Way
This lesson assumes that you understand your financial goals and are familiar with all the risks and opportunities online trading provides. You can schedule a free call with our expert trader that will help you find the best way to achieve your financial goals.
Current pip value for your position is $10 (USD/Pip). How does Pip Value change if you increase your lot size from 1 Lot to 10 Lots?
A) It increases to $50 (USD/Pip)
B) It decreases to $1 (USD/Pip)
C) It increases to $100 (USD/Pip)
D) Trick question! Pip Value doesn't change