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100 lots to start off!

Keaton Richards (keatonrichard)
Mar 09 at 04:34
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.

Fabiandelph842
Mar 09 at 09:27
24 ieraksti
Remember that a bigger lot size may bring great risks, which means that you can see big profits and big losses. If you are prepared for that already, go on and trade off!

tinklesmoker
Mar 09 at 11:36
24 ieraksti
LeviSievwright5 posted:
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.

Absolutely, without planning on the money bit, how can one expect to earn some more?!

ReaderTrimble33
Mar 09 at 11:51
20 ieraksti
You seem to have a big heart! I have not personally done it but have monitored a friend’s account who was using an EA that would routinely place market orders of 100 lots or more. Frankly speaking, it was fun and terrifying to watch at the same time.

leecopp
Mar 10 at 04:44
17 ieraksti
As long as you know what you are doing, there is nothing to be worried about. The order gets filled quickly without much change in the price.

Anoxiare
Mar 10 at 07:23
22 ieraksti
I am not sure how much you are risking per trade. In order to determine the right lot size, you will be required to determine your risk in percentage. Talking about my previous trades with turnkeyforex and fxtm, I follow the 1% rule. In case a trade closes out for a loss, no more than 1% of my account balance is at risk.

Freddraven
Mar 11 at 10:57
26 ieraksti
I’m not a risk taker and always find trading comfortable when there’s a decent balance between the capital I invest and the risk I’m willing to take.

yana hansen (78678676)
Mar 11 at 11:25
135 ieraksti
That’s crazy . Please don’t do it.

leecopp
Mar 12 at 10:21
17 ieraksti
Yeah that’s what we’re all here for @Fred, but I’m curious to know as to how you maintain this “balance”?

Freddraven
Mar 12 at 10:54
26 ieraksti
leecopp posted:
Yeah that’s what we’re all here for @Fred, but I’m curious to know as to how you maintain this “balance”?

Really nothing complex or statistical. I just know how to use the stop-loss and target the levels.

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