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Basics
Lots
Sizes
Micro vs Mini vs Standard Lots
Most platforms let you choose lot sizes like 0.01, 0.10, and 1.00. These are commonly called micro, mini, and standard lots.
The labels matter because they keep you grounded: moving from 0.01 to 0.10 isn’t a “small step” — it’s a 10× jump in trade size. If you want the bigger picture of how size affects risk, see lot size explained.
Micro, mini, standard (quick meaning)
- Micro: 0.01 (smallest common size)
- Mini: 0.10 (10× a micro)
- Standard: 1.00 (10× a mini)
- Next step: check money per pip with the pip value calculator
The label is just a name — the risk comes from the number.
Micro lot vs mini lot vs standard lot
- Micro lot: 0.01 (smallest common size)
- Mini lot: 0.10
- Standard lot: 1.00
Why lot size labels matter
- Fast communication: you can describe position size quickly (especially when following tutorials).
- Risk reality check: jumping from 0.01 to 0.10 is 10× risk, not a small step.
What each lot size changes in real trading
Lot size doesn’t change your strategy — it changes the impact of the strategy. A normal pullback feels totally different on 0.01 versus 0.10.
- Bigger lots: bigger wins and bigger losses per pip
- Same stop loss: becomes 10× more costly when you go from 0.01 to 0.10
- Costs matter more: if you trade small targets, spreads can take a bigger bite
How to choose a safe lot size (micro, mini, standard)
A “safe” lot size is one that fits your stop loss and risk rule. Decide your risk first, then size the position. If you want the full method, use how to calculate lot size and position sizing.
Beginner scaling rule
Most beginners scale up too fast. Treat size increases like levels: only move up when you can follow your rules consistently.
- Scale slowly: treat 0.01 → 0.02 → 0.03 as progress, not 0.01 → 0.10
- Process first: stop loss, position sizing, no revenge trades
- Emotional check: if three losses in a row break your discipline, size is too big

