100 lots to start off!

Feb 25, 2021 at 14:47
Vistas 1,912
16 Replies
Miembro desde Jul 23, 2020   posts 869
Feb 25, 2021 at 17:26
Traders need high capital to trade with 100 lot. It is also extremely risky.
Miembro desde Feb 04, 2021   posts 35
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.
Miembro desde Oct 27, 2020   posts 26
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.
Miembro desde Nov 03, 2020   posts 70
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.
Miembro desde Dec 21, 2020   posts 26
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.
Miembro desde Jul 20, 2020   posts 298
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.
Miembro desde Jun 03, 2020   posts 30
Mar 09, 2021 at 04:34
When you are using a tool like a risk management calculator or something similar with the desired output, it gets easier for you to determine the best lot size based on your current trading account assets. Whether you are on your demo account or trading live, you will get to understand the amount you would like to risk.
Miembro desde Oct 16, 2020   posts 137
Mar 11, 2021 at 11:25
That’s crazy . Please don’t do it.
Miembro desde Dec 28, 2020   posts 187
Mar 15, 2021 at 10:39
If you are a new trader then You are taking a lot of risk, first try a demo if you feel that you won’t lose then go for live trading.
Miembro desde Oct 05, 2020   posts 30
Mar 15, 2021 at 12:35
I think a micro account can really save you from losses. I usually test my strategies through them. The capital requirement is low with them and right now I’m dealing with two $250 and $300 mini accounts.
Miembro desde Jun 24, 2020   posts 14
Mar 16, 2021 at 10:07
williamhayes posted:
mitchelstrack posted:
I think a micro account can really save you from losses. I usually test my strategies through them. The capital requirement is low with them and right now I’m dealing with two $250 and $300 mini accounts.
Yeah with micro lots it is also easier to go with risk management. Can’t say it is that simple with a standard lot. As for me, I too prefer micro accounts and trust me they can get a bit tricky at times. But the risk is definitely lower so it works out. I have micro accounts with Fxtm and Fp markets at the moment.
I find micro accounts pretty interesting too. They sure set up a real trading environment but with a lot less money. It’s kind of fun to trade micro. I don’t go very high with the leverage so that doesn’t increase my risk so much. As for brokers, I have just opened some micro accounts with Instaforex and Turnkeyforex. Just trying my luck with them and see if these micro accounts can help me with profitable trading as well. Much better than demos I think.
Miembro desde Jun 13, 2018   posts 13
Mar 22, 2021 at 10:59
Using a big lot size on a small account is just gambling. It may work but it may also wipe out your entire account. May as well go down the casino
Miembro desde Jun 24, 2020   posts 14
Mar 25, 2021 at 09:45
As you have asked it here, you will get answers one way or the other. But it’s how it worked for others. I suggest first test different trade entry methods with a backtesting program and forward test your system in live market conditions. For both of these, use your demo account and not the real money account.
Miembro desde Jun 22, 2020   posts 5
Mar 26, 2021 at 10:37
Smaller positions are obviously a better option as you can scale out of them quite easily.
Miembro desde Jul 09, 2020   posts 4
Mar 30, 2021 at 11:06
keatonrichard posted:
The choice of the right lot size depends on your success rate. Don’t skip things. If you have a success rate of 90% or more, bigger lots are an option. But if you are yet figuring out what works and what doesn’t, don’t waste your money on bigger lots. Go for smaller ones.
True that! To add to it, I would also like to mention that irrespective of what position size you trade in, make sure that you have a safe stop loss associated with it.
Miembro desde Jul 23, 2020   posts 759
Apr 10, 2021 at 11:33
ceceliagreer posted:
It depends on your total capital and how much you are willing to trade and invest. If you have a higher capital, you can surely go with 100 lots.
Even trading with 100 lots with high capital is risky. Set your lot size according to your trading plan and experience.
Miembro desde Apr 03, 2021   posts 12
Apr 21, 2021 at 11:03
Yes, that is the right way to start and you can easily trade as per your capital. It totally depends on you.
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