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Kylealker87
Jan 04 at 12:08
33 сообщений
Nano/micro/mini lot with less risks. Looking for suggestions!

Christian Paul (8christianpaul8)
Jan 05 at 05:28
83 сообщений
That depends on your account capital and trading experience. If you don't know what you are doing yet, better to start with demo. It depends on your position sizing too.

Christian Paul (8christianpaul8)
Jan 05 at 05:30
83 сообщений
How much do you risk per trade? How many pips is your stop loss? Once you know these two, you can compute for the lot size for each trade.

IvanMelnik
Jan 05 at 10:27
34 сообщений
Nano lots would be so hard to find with any broker, mostly with what i've seen with fxview or ICM or fxpro they have micro lots. Better go for 0.01 lot and low leverage, you won't get more than 30x with regulated ones either way.

Kylealker87
Jan 05 at 12:56
33 сообщений
8christianpaul8 posted:
That depends on your account capital and trading experience. If you don't know what you are doing yet, better to start with demo. It depends on your position sizing too.

I have traded on micro lot few times in the past, but not with the kind of returns as I had anticipitated. Got suggested on using nano lots instead but couldn't find a broker that offers that trade size. So I am here!

Kylealker87
Jan 05 at 13:33
33 сообщений
IvanMelnik posted:
Nano lots would be so hard to find with any broker, mostly with what i've seen with fxview or ICM or fxpro they have micro lots. Better go for 0.01 lot and low leverage, you won't get more than 30x with regulated ones either way.

What would you define as low leverage?

Christian Paul (8christianpaul8)
Jan 05 at 13:47
83 сообщений
Guys, if you have a specific amount of risk per trade, account leverage doesn't matter much unless you plan to open a lot of trades that would lower your margin % that might lead to reaching a stopout level. Let's say on a trade, you plan to lose 100 dollars with a 50-pip stoploss, regardless if your leverage is 1:1, 1:10, 1:100, or even 1:3000, your risked amount would still remain the same which is 100 dollars. Given you have the correct position sizing.

Christian Paul (8christianpaul8)
Jan 05 at 13:53
83 сообщений
Open a cent account. My broker, RoboForex, has one. I think other brokers offer cent accounts too. I think cent account's 1 lot size is 0.01 on a standard account. And you can go lower like 0.01 lot on cent account depending on the broker you choose.

Christian Paul (8christianpaul8)
Jan 05 at 13:56
83 сообщений
Nano lot is 0.1 lot of a cent account.

marktaylor
Jan 06 at 04:58
20 сообщений
Minimum order size with all brokers I’ve been using has started from 0.01 lots. Not sure whether you term it micro or nano.

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