Quiz 6 - Calculating Risks the SMART Way
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