100 lots to start off!

Feb 25, 2021 at 14:47
16 Replies
会员从Jul 23, 2020开始   869帖子
Feb 25, 2021 at 17:26
Traders need high capital to trade with 100 lot. It is also extremely risky.
会员从Feb 04, 2021开始   35帖子
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.
会员从Oct 27, 2020开始   26帖子
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.
会员从Nov 03, 2020开始   70帖子
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.
会员从Dec 21, 2020开始   26帖子
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.
会员从Jul 20, 2020开始   298帖子
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.
会员从Jun 03, 2020开始   30帖子
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.
会员从Oct 16, 2020开始   137帖子
Mar 11, 2021 at 11:25
That’s crazy . Please don’t do it.
会员从Dec 28, 2020开始   187帖子
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.
会员从Oct 05, 2020开始   30帖子
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.
会员从Jun 24, 2020开始   14帖子
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.
会员从Jun 13, 2018开始   13帖子
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
会员从Jun 24, 2020开始   14帖子
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.
会员从Jun 22, 2020开始   5帖子
Mar 26, 2021 at 10:37
Smaller positions are obviously a better option as you can scale out of them quite easily.
会员从Jul 09, 2020开始   4帖子
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.
会员从Jul 23, 2020开始   759帖子
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.
会员从Apr 03, 2021开始   12帖子
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.
登录 / 注册 to comment
You must be connected to Myfxbook in order to leave a comment