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What is a lot size for gold?

The lot size for gold is the amount of gold you will be buying or selling and is usually expressed in troy ounces. One standard lot (1.0) on TIOmarkets MT4 or MT5 trading platform represents 100 ounces of gold. One mini lot (0.1) represents one tenth of a lot, or 10 ounces of gold.

How many ounces of gold are in a lot?

Gold is trading at $1,835.00 per ounce and you are prepared to risk $100. You have decided to put your stop loss 200 pips away (or $20 in the price of gold). Dividing $100 by $20 gives us a lot size of 5 ounces of gold, or 0.05 lots. Here is the formula used to calculate the lot size of gold.

How do you calculate gold lot size?

To figure out the lot size for gold, consider the contract size, gold's price, and your trading capital. Use this formula: Lot Size = (Trading Capital / Contract Size) × (Contract Value / Gold Price). How much is 0.01 lot in gold? A 0.01 lot in gold is a small unit, equal to 1% of a standard lot.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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