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well to invest in forex and trade in the eight lot size you will need a very high leverage and there are multiple investment you can make for e.g if you want to use eight lot size with a leverage of one to thousand you need to invest eight thousand dollars least.
if you're having $1000 and using centime accounting with 1:1000 investment, i suppose you comfort can use 8 lot, but exclusive one positions. your danger ending staleness expanding into 10%. and much importantly, this condition should be through only in obliquely motility.
If you are a newbie then it is necessary to start your real account with the minimum of 300 dollars because it is the minimum amount fore the newbie person so that he can not get so much loss in the forex market , and you should use the leverage value o f1 :300
I think it is main rules of Forex to flow the proper money management for saving capital So do not take high risk huge amount don t trade with this number of lots it will harm your balance start with one lot only then increase it timely
mere bhai me to ap ko ye hi nseht kro ga ke itni lots ki trade boht mshkl hie is ki bjae ap chote trades ko use kre is ki lie to lac dollar ki investment cahe
yes i agree with you that 8 lots are so impossible for beginner to trade with high winning rate .you should learning first or trade with demo account then increasing your knowledge to become more good in forex trading .Quote:
Originally Posted by mayengbam
I need minimal $8000 to trade with 8 lot. I dont want to get margin call, then if i must trade with big lot, i must make sure that my capital will be good enough to hold the positions until i can make profit
if our account is more then 1000$ then I should suggest that we try to trade with 8 lots becoze it is some time risky that in thinking oof earning lot in just one trade there is danger of loss of everything in same trade so we should stick to 1 if our capital is loss then 300$
If you want to invest and trade with that lot size resources appropriate for the content path to go, is the ratio of employment related business, abundance of currencies less than $50
it is very risky to gone for big lot trade like 8. if one have big capital then he can gone for more big lot than the 8 too but small trader must not to think about it. we must need to think about the uncertainty of the market before gone to trade big lot like that. 10000 usd is enough to trade 8 lot if one want.