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hey guys and welcome back to learned in three minutes today Ill help you to understand a position size so you will understand how much exposure do you have in a market youll understand Lots this will help you to control your position size youll also understand a contract value which will help you to understand and Pete Bailey little later on lets get started this is just a recap from our previous video were all cease trading at 7650 so Ozzy buys u.s. dollars Ozzy is your exposure US dollars is your contract value exposure and position size are interchangeable terms one Australian dollar in our example would buy zero point seven six five US dollars so one Australian dollar is your exposure can you really buy one lower exposure in the market probably not the minimum exposure is a thousand units of a base currency so exposure starts at thousand units which is a micro roll this is just the name this is how it looks on a platform 0.01 you can go higher than that ten thousand which is
