So, warrant 1 lot mean 10 units. Share 1 lot mean 100 units. Earlier, older traders said 1 lot mean 1000 units.
Not understand why we need to practice word "lot" while trading, since it is not a common standard. As usual, when I place my share order, I will say units/shares. When I place my futures order, I will say contracts. Even online trading have to confirm in share units after multiply lot qty with board lot.
So, beware to always use units/shares while trading share or contracts while trading futures.
My remisier is always ask 1 big or 1 small ? Just the easy word we understand. We dont
want to hear the word "Hundred Thousand "
