Which Lot Size is Better For Beginners?

[sarfraz786]

the new traders should trade with low lots in the beginning when they get the good experience of trading and have big capital for this business they could earn big money in this business when they make the money they spend their life easy .

[danish555]

in the beginning the new traders have low capital and they have low experience of trading in the real trading account they must trade with low lots in the beginning and when they have good experience of trading they should change their trading strategy .

[khansanoor]

The advantages of lot sizes in forex are the reduced risk also if this will reduce the earnings for you. This means you can overview the risk and earnings exactly and therefore forex lots can help beginners.

[wasim1]

KINGSTON, Jamaica � The US dollar on Friday, February 2, ended trading at J$125.75 up by 15 cents according to the Bank of Jamaica's daily foreign exchange trading summary.

Meanwhile, the Canadian dollar ended trading at J$99.38 down from J$102.13 while the British pound sterling ended trading at J$176.86 up from J$176.01.

[wasim1]

NEW YORK, Feb 2 (Reuters) - The U.S. dollar rose on Friday against a number of currencies including the Japanese yen and the euro after strong national jobs data, but investors were not convinced the advance would continue past the day.

U.S. job growth surged in January and wages increased further, recording their largest annual gain in more than 8-1/2 years, bolstering expectations that inflation will push higher this year as the labor market hits full employment. Nonfarm payrolls jumped by 200,000 jobs last month after rising 160,000 in December, the Labor Department said.

[Abniali05]

The smallest lot size should suit the beginners i think they need to start up the trading very consciously and very
carefully and after that they also need to have a small trading experience as well to enter their trades in market.

[Mr.yen]

Many Brokers have included the Mini-Size Lots in their Trading Terminals so that our investment controls less Forex money and the benefit is that there is less probability that we will lose our investments too rapidly. In each trade we lose, only a fraction of our investment will be lost. However, we do not gain profits as per a standard lot size either.

It is very interesting and important question I think for new trader they must use 0.01 lot size whatever they have $1,000 in their account or $100 according to my experience and opinion I will not allow to use bigger lot size then 0.01

[MARandhawa]

Beginners should not use high lot size in Forex trading market and they should only trade with 0.01 lot size. Because if they will use high lot size then they will get high loss because still they are not able to understand the Forex trading market.

[mangkarni]

The main new trader was able to get a lot of $ 100 from $ 0.01 that could not be used because
he did not pay any attention to the trade traders. I have not lost a lot of money because
I did not get a lot of money. This is a great way to translate a great deal from traders
to your business. If you do not know what to do, then you have a lot of information about the producer.

[juna]

I suggest that you choose a smaller amount first when you trade, and do not forget
to adjust between lots and lots of stuff. Regular use of capital and extend accounts.
And our life has something to keep in mind is,
use the security margin to stop 500 big points