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100 lots to start off!
Biedrs kopš
869 ieraksti
Feb 25, 2021 at 17:26
Biedrs kopš
869 ieraksti
Traders need high capital to trade with 100 lot. It is also extremely risky.
Biedrs kopš
35 ieraksti
Mar 01, 2021 at 08:22
Biedrs kopš
35 ieraksti
If you have enough money to trade and have a proper risk reward ratio in terms of return, then go ahead.
Biedrs kopš
26 ieraksti
Mar 02, 2021 at 11:02
Biedrs kopš
26 ieraksti
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.
Biedrs kopš
70 ieraksti
Mar 03, 2021 at 12:24
Biedrs kopš
70 ieraksti
Consider trying that out in demo trading and see it feels for you. You will get your answer there.
Biedrs kopš
26 ieraksti
Mar 06, 2021 at 07:40
Biedrs kopš
26 ieraksti
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.
Biedrs kopš
298 ieraksti
Mar 09, 2021 at 02:05
Biedrs kopš
298 ieraksti
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.
Biedrs kopš
30 ieraksti
Mar 09, 2021 at 04:34
Biedrs kopš
30 ieraksti
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.
Biedrs kopš
137 ieraksti
Biedrs kopš
187 ieraksti
Mar 15, 2021 at 10:39
Biedrs kopš
187 ieraksti
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.
Biedrs kopš
30 ieraksti
Mar 15, 2021 at 12:35
Biedrs kopš
30 ieraksti
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.
Biedrs kopš
14 ieraksti
Mar 16, 2021 at 10:07
Biedrs kopš
14 ieraksti
williamhayes posted: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.mitchelstrack posted: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 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.
Biedrs kopš
13 ieraksti
Mar 22, 2021 at 10:59
Biedrs kopš
13 ieraksti
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
Biedrs kopš
14 ieraksti
Mar 25, 2021 at 09:45
Biedrs kopš
14 ieraksti
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.
Biedrs kopš
5 ieraksti
Mar 26, 2021 at 10:37
Biedrs kopš
5 ieraksti
Smaller positions are obviously a better option as you can scale out of them quite easily.
Biedrs kopš
4 ieraksti
Mar 30, 2021 at 11:06
Biedrs kopš
4 ieraksti
keatonrichard posted: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.
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.
Biedrs kopš
759 ieraksti
Apr 10, 2021 at 11:33
Biedrs kopš
759 ieraksti
ceceliagreer posted:Even trading with 100 lots with high capital is risky. Set your lot size according to your trading plan and experience.
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.
Biedrs kopš
12 ieraksti
Apr 21, 2021 at 11:03
Biedrs kopš
12 ieraksti
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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