Feb 25 2021 at 14:47
Thinking about starting trade with a 100 lots. What do you think? Do you have any past experience with high lots trading?
Feb 25 2021 at 17:26
Traders need high capital to trade with 100 lot. It is also extremely risky.
Mar 01 2021 at 08:22
If you have enough money to trade and have a proper risk reward ratio in terms of return, then go ahead.
Mar 01 2021 at 12:53
forexminded posted:
If you have enough money to trade and have a proper risk reward ratio in terms of return, then go ahead.
I do have a plan and its worked well on my demo account, is that good enough?
Mar 02 2021 at 11:02
High lots trading can be risky. If you have just started trading, stick to 100 lots. Once you will be able to fill up that frequently, you can level up your lots.
Mar 02 2021 at 13:11
Trading has risks and you ought to take some in order to earn. I have either demo traded or traded in micro lots. If you are not willing to put a lot of capital in the initial start of the trading, go with micro lots.
Mar 03 2021 at 04:03
Demo trading is good George. But one can also choose nano lots for trading in forex.
Mar 03 2021 at 06:04
Ericdier752 posted:
Demo trading is good George. But one can also choose nano lots for trading in forex.
Nano lots will not give you high profits and to be very honest, we trade to earn. So if your profits are low, what is the point of trading. Micro lots are a better choice.
Mar 03 2021 at 08:02
You are doing it right. Starting off with 100 lots is a better way in order to take low risks. In micro accounts, trading volume is low and some brokers give you no or minimum deposits and don’t even charge for deposits. I know the profits might be low but it’s good to keep it slow, rather than running fast and losing.
Mar 03 2021 at 12:24
Consider trying that out in demo trading and see it feels for you. You will get your answer there.
Mar 04 2021 at 11:01
ddarko3 posted:
Consider trying that out in demo trading and see it feels for you. You will get your answer there.
It’s all good there, on a demo account I mean.
Mar 05 2021 at 09:38
Ericdier752 posted:
Demo trading is good George. But one can also choose nano lots for trading in forex.
Even I feel that! Demo trading can help you determine the best lot size you should use. You can also use the position size calculators offered by several brokers including turnkeyforex and etoro to determine what the best lot size would be as per your investments.
Mar 05 2021 at 11:55
Trade in micro lots if you are a beginner and serious about trading. It lets you keep your position sizes smaller to fine tune risk on your small account.
Mar 05 2021 at 13:00
Though I keep my position size 50 lots that get filled instantly without any noticeable reaction in the price, I occasionally execute orders in 100 lots with the aim of liquidating positions and it works.
Mar 06 2021 at 05:26
The thing that matters is making yourself familiar with different order types when trading any significant position size. In some cases, you may also get to attach a slippage control to the market order.
Mar 06 2021 at 07:40
To trade with 100 lots, you will need to invest a big amount. As a beginner, I don’t think you must be doing that. Think before you make your investment.
Mar 07 2021 at 10:24
It is very important to have a positive trading mindset. A lot of education is needed to develop trading skills. It is never possible to make a trading profit without education.
Mar 08 2021 at 11:10
The choice of the lot size depends on your investments. As a day trader, it may take some months and as a swing trader, you will take around two years while taking care of risk management to trade 100 lots.
Mar 08 2021 at 12:45
DanielGlaus posted:
It is very important to have a positive trading mindset. A lot of education is needed to develop trading skills. It is never possible to make a trading profit without education.
I don’t deny that at all, nobody should enter trading world without proper knowledge. Simply knowing the basic stuff won’t do.
Mar 09 2021 at 02:05
If your investment is good, lot selection will be based on that investment. If you do not follow money management, you will not be able to trade properly.
