To choose a lot value for trading, you must consider your capital. Because when you trade too higher lots in relation to your capital, it gets too risky. So your capital forms the basis for your choice of lot size.
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To choose a lot value for trading, you must consider your capital. Because when you trade too higher lots in relation to your capital, it gets too risky. So your capital forms the basis for your choice of lot size.
if you are new trader i advice to you is you must using the demo account for 3 months at least .training for you will be good to build enough experience so you must trading in your demo account first.
if your capital is not enough healthy, you should follow small lot volume. moreover, with small capital, if you find that market is in good situation, you can take risk to use big lot volume, good luck
using the lot size shall be in accordance with the capital we have, use a lot smaller if we want to trade with ease, using a large lot with a little capital and a wrong way of trading is very risky, and it is not recommended for all of us
my suggestion start from just smallest Lot depend upon your capital that how much capital you have and how much risk you are willing to take.but I think more the lot size more the tensions.
we have to make our plane and then do all the thing and trade on forex little is better for us and do it with the help of learning it is better for us and od it all the way for us.
plainly you ought to know the usage of a lot inside trading, will probably be relevant to just how most likely you happen to be to get rid of. as it is far better you make use of very good funds supervision, rather than too big to utilize a lot of money management.
that will depend on the trader balance and also with the trader knowledge, if a trader want trade higher amount volume trade with low amount of capital then that trader will take huge risk for his account. so that lot volume depend on the trader balance and also the trading style.
I think most good lots are lots that only use 2% of the capital. so if you have a capital of $ 1,000, then your risk is $ 20. then divide $ 20 by the number of points as a stop loss, then you will know how many lots that you can use. always use a disciplined risk of 2%. because it is commonly used risk by all professional forex traders.
lots good value is 0.1% of the capital, if you deposits $ 100 then use lots 0.10lots, risk management is not more than 1%, but it is very difficult to trade with small lots, factors greed destroys everything