Aby korzystać z czatu, zaloguj się.
Powrót do kontaktów

100 lots to start off!

Sar John (Sarjohn)
Mar 22 at 08:10
187 postów
tinklesmoker posted:
Sarjohn posted:
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.

I have been doing pretty fine on demo.

If you are doing good on demo then you can certainly proceed to live trading but for being on a safer side I would say place trade with micro and mini lot size first.

Marshalsam877
Mar 22 at 10:16
23 postów
From what I know, trading big lot size with little capital is definitely very risky. It takes just a little drawdown to wipe out your forex trading account. But when you have a big trading capital, trading a big lot can get you good profits even with little price movements.

Greenwood
Mar 22 at 10:59
13 postów
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

DawnDanny
Mar 22 at 13:20
14 postów
Use lot size in accordance with the equity in your account. Make sure that you keep margin calls in mind. When you trade a small lot size, you can use a cut loss strategy but with larger lots, you have the risk of a big loss.

Scarymaniak
Mar 23 at 09:46
28 postów
While trading, focusing on risk management is quite essential otherwise you can make your account zero immediately. Somewhere, trading larger lots shows the greed of a trader. It might look attractive but bites in the end. Better be careful about the decisions you make.

tinklesmoker
Mar 23 at 12:25
24 postów
Sarjohn posted:
tinklesmoker posted:
Sarjohn posted:
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.

I have been doing pretty fine on demo.

If you are doing good on demo then you can certainly proceed to live trading but for being on a safer side I would say place trade with micro and mini lot size first.

Ya, but I want “real profits”.

Freddraven
Mar 23 at 12:59
26 postów
I trade small lots in different positions with oanda for a good edge in the market. You have the option of closing some and letting others run whenever the need be.

Lorencecolling
Mar 25 at 05:02
49 postów
If you have experience in trading micro and mini lots, you can use the standard lot. But 100 lots is a big number according to me. Try your system on the micro account first and see whether it is worth increasing your lot size or not.

DawnDanny
Mar 25 at 09:45
14 postów
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.

Markteshorn
Mar 26 at 10:37
5 postów
Smaller positions are obviously a better option as you can scale out of them quite easily.

Zaloguj się aby skomentować .