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What is the value of the 'Size per point'?


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I am learning to trade and don't really know what the value of the size per point is. 

Could someone clarify this term and possible break down the size and the point, please? In the mean time, I'll be reasearching myself and wrap my head around this.

I am learning so please don't be cruel, lol. 

SIZEperPOINT.PNG

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